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In a Challenging Market Environment, MPC Maintains Stable Revenue and Gross Profit
05 March 2026

PRESS RELEASE

FOR IMMEDIATE RELEASE

March 5, 2026

 

2025 Highlights:

  • Stable consolidated revenue of Rp11.5 trillion, slightly up from Rp11.4 trillion in the previous year.
  • Gross profit of Rp1.9 trillion.
 

Jakarta, March 5, 2026MPC (PT Multipolar Tbk, “the Company”, stock code: MLPL) demonstrated resilience amid a year marked by market uncertainties, delivering stable performance while strengthening its financial position. For the full year 2025, the Company recorded consolidated revenue of Rp11.5 trillion, an increase of 1.3% from Rp11.4 trillion in the previous year. Despite external headwinds, MPC maintained strong operational discipline and balance sheet efficiency, resulting in cash and cash equivalents of Rp1.4 trillion, up 24% from Rp1.1 trillion in the previous year. MPC reported gross profit of Rp1.9 trillion, demonstrating solid operational performance. The Company recorded a loss attributable to owners of the parent of Rp156 billion.

Retail Segment

In the retail segment, Matahari Putra Prima (MPPA, stock code: MPPA) delivered resilient topline growth and improved gross margins, reflecting continued progress in its turnaround journey and strengthening business fundamentals. MPPA’s net sales increased 1.9% to Rp7.3 trillion, supported by stable customer demand, while gross profit rose 2.8% to Rp1.3 trillion, driven by an improved sales mix and stronger alignment with customer needs. Going forward, MPPA will continue enhancing store productivity, refining product assortments, and strengthening operational execution through an integrated retail approach. These initiatives will be supported by supply chain improvements, digital engagement, and selective expansion. MPPA remains focused on operational discipline, efficiency enhancement, and long-term value creation while positioning itself to capture new growth opportunities.

Matahari Department Store (MDS, stock code: LPPF) also demonstrated strong financial resilience in 2025, recording gross sales of Rp11.05 trillion, gross profit of Rp3.8 trillion, and net profit of Rp725.4 billion. This performance was supported by ongoing cost-efficiency initiatives and optimized store operations, resulting in EBITDA of Rp1.2 trillion. MDS’s growth strategy is anchored in private label expansion and brand innovation. In 2025, MDS continued rolling out consumer-focused initiatives targeting younger demographics, including SUKO, MU+KU, and ZES. In 2026, MDS plans to broaden its private label assortment and enhance its customer offering to support long-term, sustainable growth.

Technology & Digital Segment

In the Technology & Digital segment, Multipolar Technology (MLPT, stock code: MLPT) recorded sales of Rp3.8 trillion in 2025, representing a 2.9% increase from Rp3.7 trillion in the previous year. This growth reflects MLPT’s continued momentum in supporting digital transformation initiatives across Indonesia. Looking ahead, MLPT will focus on strengthening capabilities across AI, Automation, Data, Hybrid Infrastructure, and Security, while actively pursuing new investment opportunities to ensure sustainable growth and profitability. These initiatives reinforce MLPT’s position as a trusted technology partner in Indonesia’s digital transformation.

Across its portfolio, MPC remains committed to delivering long-term value by maintaining operational discipline, staying customer-centric, and remaining agile. The Company will continue executing its strategy with resilience amid uncertainty, leveraging strong operational foundations to unlock new opportunities in 2026 and beyond.

Adrian Suherman, CEO & President Director of MPC, said:

“Despite market volatility, MPC has maintained resilience and sustained its momentum through disciplined efficiency initiatives implemented across our investment portfolio. Going forward, MPC will continue strengthening its adaptability and resilience in navigating challenges while driving sustainable growth.”

 

ABOUT MPC

MPC is an investment company focused on consumer and technology services in Indonesia. The Company is listed on the Indonesia Stock Exchange (IDX). MPC’s portfolio includes several IDX-listed entities, including PT Matahari Putra Prima Tbk (MPPA) – operator of Hypermart, one of Indonesia’s leading supermarket chains, PT Matahari Department Store Tbk (LPPF) – operator of the largest department store network in Indonesia, PT Multipolar Technology Tbk (MLPT) – technology and digital transformation solutions provider, PT First Media Tbk (KBLV), and PT Bank Nationalnobu Tbk (NOBU).

 

FURTHER INFORMATION:

Agus Arismunandar

Chief of Business Development & Investor Relations – MPC

agus.arismunandar@lippo.co.id

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