PT Matahari Department Store Tbk Reports Earnings Results for the Nine Months Ended September 30, 2023
October 26, 2023 at 10:17 am EDT
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PT Matahari Department Store Tbk reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported revenue was IDR 4,980,010 million compared to IDR 4,964,474 million a year ago. Net income was IDR 630,517 million compared to IDR 1,054,112 million a year ago.
Basic earnings per share from continuing operations was IDR 278 compared to IDR 440 a year ago.
PT Matahari Department Store Tbk is an Indonesia-based company, which is engaged in the retail business for several types of products such as clothes, accessories, bags, shoes, cosmetics, and household appliances, and management consulting service. The Companyâs segments include Sumatra; Java; Kalimantan, Sulawesi and Maluku, and Others. It operates approximately 156 stores. The Companyâs brands include Nevada, Details, Little M, connection, Cole and Pipiniko. It offer clothes, such as chaos and polo shirt, blouse shirt, sweater and cardigan, dress, outerwear, long pants, jeans, shorts, underwear and sleepwear, maternity clothes, sports clothing, playsuits and jumpsuits. It offers shoes, such as slippers, sneakers, sport shoes, slip Ons, formal shoes, and boots. It offers products under suitcase, such as backpack, shoulder bags, handbags, suitcases and travel bags, wallet, and sports bag.
PT MATAHARI DEPARTMENT STORE TBK 
