September 19, 2014 12:06 PM ET

Multiline Retail

Company Overview of PT Matahari Department Store Tbk

Company Overview

PT Matahari Department Store Tbk operates as a department store retailer of fashion apparel, beauty products, and home products for men, women, youth, and kids in Indonesia. It offers various products, such as clothes, accessories, bags, shoes, cosmetics, and household appliances. The company also provides management consulting services. As of December 31, 2013, it operated 125 stores. The company was founded in 1958 and is headquartered in Tangerang, Indonesia.

Jl. Boulevard Palem Raya No. 7

Menara Matahari 9th - 15th Floor

Lippo Karawaci 1200

Tangerang,  15811


Founded in 1958

12,396 Employees


62 21 546 9333


62 21 547 5232

Key Executives for PT Matahari Department Store Tbk

PT Matahari Department Store Tbk does not have any Key Executives recorded.

PT Matahari Department Store Tbk Key Developments

CVC Capital Partners Limited Reportedly Plans To Raise $300 million

CVC Capital Partners Limited is reportedly planning to raise up to $300 million by trimming its stake in PT Matahri Department Store Tbk (JKSE:LPPF).

PT Matahari Department Reports Earnings Results for the First Quarter of 2014

PT Matahari Department reported earnings results for the first quarter of 2014. The company recorded strong first quarter 2014 results, with a 49.7% growth in net income, amounting IDR 123.1 billion, as compared to IDR 82.2 billion in first quarter 2013. Net revenue was recorded at IDR 1,479 billion, 17.7% higher than the IDR 1,257 billion reported in first quarter 2012. Strong results, with an SSSG of 9.3%, were driven by growth of the company's target middle income segment.

PT Matahari Department Store Tbk Presents at 5th Annual dbAccess Asia Conference 2014, May-19-2014

PT Matahari Department Store Tbk Presents at 5th Annual dbAccess Asia Conference 2014, May-19-2014 . Venue: Marina Bay Sands Resort & Casino, Singapore, Singapore.

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