Matahari Putra Prima

Retail Asia04/11/2016

Supermarket group Matahari Putra Prima (MPPA) of Indonesia recorded a net profit of RP32.6 billion (US$2.5 million) despite a drop in net sales to RP10.4 trillion for the nine months ended September 30. As expected, says the group in announcing its interim results, a change in date of the Lebaran national holiday from the third […]

Retail Asia04/08/2016

A solid second quarter sent Matahari Putra Prima’s sales up 2.1 per cent in the first half to June 30. The Indonesian mixed format grocery retailer has reported net sales for the six months of Rp 7 trillion (US$560 million). Of that figure, 3.7 trillion was achieved in the second quarter, an increase of 6.5 […]

Retail Asia04/07/2016

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Matahari Putra Prima (MPPA) has doubled its stake in online Indonesian retailer MatahariMall.com. The multi-format retailer, which operates Hypermart, Smartclub, Foodmart, Boston and FMX chains, says it has [aid cash for an additional 5 per cent share in the fast-growing eCommerce business. “With the acquisition, MPPA hopes to benefit from wider access to eCommerce as […]

Retail Asia05/04/2016

While the net income of Indonesian grocery retailer Matahari Putra Prima (MPPA) was below expectations, it recorded slightly improved revenue and sales for the year ended December 31. Its revenue was Rp13.9 trillion ($US2 billion), with sales up 2.5 per cent from Rp13.6 trillion in 2014. Its net income came in at Rp183 billion, giving […]

Retail Asia30/12/2015

Matahari Putra Prima, a multi-format modern retailer in Indonesia, has inaugurated its newest retail channel: a wholesale chain called Smart Club. The first store has opened at, Tangerang, Banten, with a gross selling area of 8800 sqm. It is designed to serve business customers, including hospitality enterprises (hotel, restaurant and catering), traders, manufacturers, institutions, offices […]

Retail Asia11/08/2015

Indonesia’s PT Matahari Putra Prima (MPPA) says its first half year sales rose 6.6 per cent on the back of new stores. Like for like sales rose 2.1 per cent in a period of softening economic conditions and when several stores were closed for renovation. Matahari has continued with a strong focus on upgrading its […]

Retail Asia16/07/2015

Indonesian retailers are predicting sales to drop by 36 percent year-on-year during the Muslim holy month of Ramadan and Idul Fitri, the latest sign of the country’s weakening economy. Sales are expected to reach Rp 15 trillion ($1.12 billion) during the fasting period, which runs from June 18 through July 17, compared to Rp 25 […]

Retail Asia28/05/2015

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Shareholders of Indonesia’s largest trendy retailer for fast-moving shopper items Matahari Putra Prima permitted in its annual common shareholders assembly a plan to distribute Rp 193.9 billion ($14.7 million) in dividends, which characterize 35 % of the corporate’s 2014 internet earnings of Rp 554 billion. Buyers of MPP, a Jakarta Globe affiliate by means of […]

Tag: Matahari Putra Prima

Sales drop for Matahari Putra Prima

Strong quarter buoys Matahari Putra Prima

More stake for Matahari Putra Prima in MatahariMall.com

Disappointing year for Matahari Putra Prima

Matahari Putra Smart Club concept debuts

Matahari has strong half

Retailers Brace for Gloomy Ramadan Amid Economic Slowdown

Matahari Putra Prima to Distribute Rp194b in Dividends