Mitra Adiperkasa to Distribute Rp 166 Billion in Dividends Amid Robust Revenue Growth

JAKARTA, investortrust.id – PT Mitra Adiperkasa Tbk (MAPI), Indonesia’s leading lifestyle retailer, will distribute Rp 166 billion ($10.2 million) in cash dividends from its 2024 net income. The move follows the company’s Annual General Meeting of Shareholders (RUPST) held in Jakarta on Monday, June 30, 2025.

Ratih D. Gianda, Vice President of Investor Relations, Corporate Communications and Sustainability at MAPI, said the dividend reflects a payout ratio of 7.7% based on the company’s full-year earnings. 

“It has been approved that MAPI will distribute a total dividend of Rp 166 billion with a payout ratio of 7.7%,” Ratih said during a public presentation after the shareholders’ meeting".

In addition to the dividend, the company allocated Rp 5 billion ($310,000) for statutory reserves, while the remaining profit will be retained to support future business expansion and operational needs.

Solid Revenue Growth Offsets Profit Decline

MAPI booked a net profit of Rp 1.76 trillion ($108 million) in 2024, marking a 6.65% decline from Rp 1.89 trillion in 2023. Despite the lower earnings, the company’s top line continued to grow at a healthy pace.

Net revenue reached Rp 37.83 trillion ($2.32 billion), up 13.55% year-on-year from Rp 33.31 trillion. The increase was mainly driven by retail and wholesale sales of Rp 36.28 trillion, net consignment commission of Rp 1.27 trillion, rental and maintenance services of Rp 118.98 billion and income from other sources worth Rp 160.24 billion.

The consistent growth in core sales segments signals resilient consumer demand and the strength of MAPI’s retail portfolio, which includes premium fashion, food & beverage, and active lifestyle brands.

Continued Commitment to Shareholder Value

With steady revenue momentum and a long-term expansion strategy, the company reaffirmed its commitment to delivering value for shareholders through regular dividend distributions.

“With solid sales growth and ongoing expansion, MAPI continues to strengthen its position in Indonesia’s retail sector while ensuring shareholder value through consistent dividend payments,” Ratih added.