PT Matahari Department Store Tbk (ISX:LPPF)

Rp 1410 10 (0.71%) Market Cap: 1.65 Til Enterprise Value: 4.42 Til PE Ratio: 4.78 PB Ratio: 14.73 GF Score: 74/100

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Rp2400 (-2.04%)

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Jul 28, 2023

Rp3270 (-1.51%)

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Rp4600 (+5.99%)

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Rp4800 (-0.41%)

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Rp1010

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Rp1305 (-0.76%)

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Rp3890 (+3.73%)

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Rp3840 (+1.86%)

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Half Year 2023 Matahari Department Store Tbk PT Earnings Call Transcript

Jul 28, 2023 / 09:30AM GMT

Release Date Price: Rp3270 (-1.51%)

Transcript

Operator

Good afternoon, everyone. Thank you for standing by. Welcome to Matahari's First Half 2023 Earnings Call hosted by Mr. Terry O'Connor, Chief Executive Officer; and Mr. Niraj Jain, Chief Financial Officer. (Operator Instructions) The call is being recorded today, Friday the 28th of July 2023.

Without further ado, let me hand the call over to the first speaker today, Mr. Terry O'Connor. Please, sir?

Terence Donald O;Connor

PT Matahari Department Store Tbk - CEO, Member of Board of Management & Independent VP Director

' -

Thank you, Patrick, and thank you, everybody, for attending this afternoon. It's great to have so many of you join us on a Friday afternoon. Without further ado, let's go into the earnings call deck. We'll start with an executive summary.

The executive summary really is that we had a softer Lebaran than expected. Yet, our strategic initiatives are advancing, we're very excited about the merchandise acceleration that lies ahead for the company. In the first half, we saw sales reach 7.4 trillion, or a growth of

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