PT Matahari Department Store Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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PT Matahari Department Store Tbk reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was IDR 1,287,260 million compared to IDR 1,162,246 million a year ago. Net income was IDR 145,047 million compared to net loss of IDR 95,350 million a year ago. Basic earnings per share from continuing operations was IDR 59 compared to basic loss per share from continuing operations of IDR 36 a year ago. Diluted earnings per share from continuing operations was IDR 59 compared to diluted loss per share from continuing operations of IDR 36 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 
