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PT Matahari Department Store Tbk.

Pay Less, Feel Good

About Matahari

PT Matahari Department Store Tbk (“Matahari” or “Company”) has a deep legacy in Indonesian retail. Beginning its journey on October 24, 1958 with the opening of its first outlet, a children’s fashion store in Jakarta, Matahari went on to open Indonesia’s first modern department store in 1972. Since then, Matahari has established itself as a truly national brand.

Corporate Values

Humble
Collaborative
Competitive
Innovative
Giving Back

Always be humble and respectful to others while still being assertive

Focus on working well together, trusting each other and providing positive support

Have a strong fighting spirit for healthy competition to achieve the best performance

Provide creative and original ideas. Be adaptive and continuously innovate for present and future implementable outcomes

Share benefits and happiness with others. Provide value to society and the environment with a sense of sincerity and responsibility

 

Investors

LPPF
30.850
Employees
142
Stores
7.160
Billion Rp in Gross Sales 1H22
918
Billion Rp in Net Profit 1H22

Social & Community Development

Matahari contributes to driving local economic growth by providing decent, fairly compensated work opportunities for local people across Indonesia. We have a policy of hiring locally as far as possible, and the majority of staff at each of our stores are from the local area. The existence of a large format Matahari store has a significant, positive impact on the local economy, particularly in second and third tier cities around the country, from the absorption of local labour, products and services to the payment of local taxes.

Awards

Indonesia Customer Service Quality Survey

Indonesia Customer Service Quality Survey

September 09,2021
The Best Corporate Image Awards

The Best Corporate Image Awards

August 01,2021
Top 10 Mid-Capitalization Market Issuers based on ASEAN Corporate Governance Scorecard

Top 10 Mid-Capitalization Market Issuers based on ASEAN Corporate Governance Scorecard

May 31,2021
TOP 3 Best Non-Financial Sector Awards based on ASEAN Corporate Governance Scorecard

TOP 3 Best Non-Financial Sector Awards based on ASEAN Corporate Governance Scorecard

May 31,2021
Implementation of Tax Compliance and Role and Contribution in Realising KPP Pratama Cikupa Receipts for the 2020 Fiscal Year

Implementation of Tax Compliance and Role and Contribution in Realising KPP Pratama Cikupa Receipts for the 2020 Fiscal Year

December 31,2020
Regional Innovation in the New Normal City Cluster

Regional Innovation in the New Normal City Cluster

June 22,2020
Investor Awards 2020

Investor Awards 2020

May 30,2020
Top 5 Most Admired Companies: Retail

Top 5 Most Admired Companies: Retail

April 15,2020
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