Full Year 2019 Matahari Department Store Tbk PT Earnings Call Transcript
Ladies and gentlemen, welcome to PT Matahari Department Store Fourth Quarter and the Full Year of 2019 Earnings Call. Our call for today will be hosted by Mr. Terry O'Connor, who has recently joined as PT Matahari's CEO; and Mr. Niraj Jain, CFO. (Operator Instructions) And please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker for today, Mr. Terry O'Connor, CEO. Thank you. Please go ahead, sir.
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Good afternoon, everyone. My name is Terry O'Connor. I'm delighted to be taking my first earnings call for Matahari Department Store. Thank you for joining our fourth quarter and full year 2019 earnings call. Just to let you know to help those who are not available to join us this evening, we will be recording this call and we'll post it to our website later on.
Now as you know, 2019 has been a challenging year, where overall consumption has been weak. Consequently,
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