Financial reporting

MAP Active’s sales fell by 36% in pandemic year

2021-04-19T17:04:00

The Jakarta-based sporting goods retailer, wholesaler and manufacturer managed to report a little net profit of 2,078 million Indonesia rupees (€120,000-$140,000) for 2020, down sharply from IDR 686.8 billion in the previous year as its total revenues fell by 36 percent to IDR 4,781 billion (€274m-$329m) because of the Covid-19 ...

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