ArrowArtboardCreated with with ChevronTitle ChevronIcon Mail ContactPath LayerPositive ArrowRetail TradeCompany BackgroundMitra Adiperkasa is one of Indonesia's largest retail companies. Its franchise portfolio features more than 150 brands including Starbucks, Zara and Lacoste as well as department stores such as Debenhams and Seibu. The company had nearly 1,800 stores as of the end of 2013. Mitra's vice president, Virendra Prakash Sharma, has been with the company since it started in 1995. He is known to be the key figure in building Mitra up from a few sports shops to a retail empire. However, the company is now facing headwinds. In 2014, it cut back on expansion plans after its profit plunged due to a weakening rupiah, rising wages and intensifying competition. To revamp its poorly performing food and beverage business, it agreed with a Singapore-based investor, Everstone Capital, to sell a stake in its Burger King and Domino's Pizza Summary PT Mitra Adiperkasa Tbk engages in the retail trading of clothing, shoes, accessories, bags, and sports equipment. It operates through the following segments Retail Sales, Department Stores, Cafe and Restaurant, and Others. The Retail Sales segment includes Trading of clothes and accessories, sports equipment and accessories, toys and accessories, Cellular phones, tablets, computers and accessories. The Others segment includes property, investment, book store, handicraft trading and manufacturing. The company was founded on January 23, 1995 and is headquartered in Jakarta, Indonesia. Financial Highlights Dec 2022 IDRUSDRevenue26, Profit9, income2, before tax3, income2, Per Share00Total Assets20, liabilities11, equity8, cash flow4, in IDRCurrency in USDHistorical Data Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Revenue 18, 21, 14, 18, 26, Gross Profit 8, 9, 3, 5, 9, Operating income 1, 1, -1, 232,749M 2, Income before tax 1, 1, -723,806M 675,331M 3, Net income 735,829M 933,493M -553,716M 420,176M 2, EBITDA 2, 2, 1, 2, 5, Diluted EPS Dividends Per Share 10 0 0 0 0 Total Assets 12, 13, 17, 16, 20, Total liabilities 6, 6, 11, 9, 11, Total equity 5, 6, 5, 5, 8, Operating cash flow 1, 2, 1, 2, 4, Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Revenue 1, 1, 1, 1, 1, Gross Profit Operating income Income before tax Net income EBITDA Diluted EPS Dividends Per Share 0 0 0 0 Total Assets 1, 1, 1, 1, Total liabilities Total equity Operating cash flow Valuation Measures Dec 2022 executives President Director Herman Bernhard Mantiri Group Chief Financial Officer & Director Susiana Latif Director & Head-Department Store Handaka Santosa Vice President-Investor Relations Ratih Darmawan Gianda Vice President Director Virendra Prakash SharmaShareholders KOLOMAS MARISA 51% PT Schroder Investment Management Indonesia Norges Bank Investment Management E. Ohman J or Fonder AB The Vanguard Group, Inc. BlackRock Fund Advisors First Sentier Investors Singapore Fideuram Asset Management Ireland DAC Hambro Capital Management Ltd. Dimensional Fund Advisors LP Contact DetailsWebsite Sahid Sudirman Center, Jalan Jenderal Sudirman Kavling 86, Jakarta, 10220, Indonesia Phone + Related Companies PT Mitra Akademi Perkasa PT Map Digital Adiperkasa PT Map Properti Adiperkasa PT Panen Kosmetik Adiperkasa PT Map Panen Lestari PT Sari Boga Lestari PT Alun Alun Indonesia Kreasi PT Map Active MAP Active Thailand Ltd. Bersama Karunia Mandiri Vietnam Co., Ltd. Sukses Diva Mandiri Vietnam Co., Ltd. Prima Buana Perkasa Vietnam Co., Ltd. Mitramode Duta Fashindo Vietnam Co., Ltd. Mitra Adiperkasa Vietnam Co., Ltd. PT Omega Fashindo Adiperkasa PT Sarimode Griya PT Creasi Mode Indonesia PT Mapple Mitra Adiperkasa PT Mitra Fashindo Abadi PT Mitramode Duta Fashindo PT Sarimode Fashindo Adiperkasa PT Bersama Karunia Mandiri PT Map Boga Adiperkasa Tbk PT Benua Hamparan Luas PT Mitra Adiperkasa Tbk PT Siola Sandimas PT Sukses Diva Mandiri PT Prima Buana Perkasa PT Panen Lestari Internusa Map Active Pte Ltd. CompetitorsCopyright © 2023 FactSet Research Systems Inc. All rights Updated on 15 Jun, 2023Take your reading anywhere with offline reading functionsNever miss a story with breaking news alertsCustomize your reading experience Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. Celebrate our next chapter Free access for everyone - Sep. 30 Find out moreUnitusaha yang berkembang dan ekspansif : PT. DEKSA ADICITA ABADI (Mining Natural Resources / General Trading / Crusher & Conveyor System). PT. DEKSA AMANAH BUANA (General Contractor / members of DEKSA / Property Syariah). DEKSA Group dan unit usaha didirikan oleh profesional yang sangat berpengalaman, serta kekuatan jaringan dan koordinasi.
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