PT Matahari Department Store Tbk (ISX:LPPF)
Rp 1605 20 (1.22%) Market Cap: 1.95 Til Enterprise Value: 4.93 Til PE Ratio: 6.06 PB Ratio: 17.31 GF Score: 73/100

Half Year 2019 Matahari Department Store Tbk PT Earnings Call Transcript

Jul 30, 2019 / 09:30AM GMT
Release Date Price: Rp3840 (+1.86%)
Operator

Ladies and gentlemen, welcome to PT Matahari Department Store's Second Quarter 2019 Earnings Call and First Half of 2019. Our call for today will be hosted by Mr. Richard Gibson, CEO; Mr. Niraj Jain, CFO; and Mr. Sreekanth Chetlur, Head of Omni-channel. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, the 30th of July 2019.

And I would like to hand the conference over to your first speaker for today, Mr. Richard Gibson, CEO. Thank you. Please, go ahead.

Richard Thomas Gibson
PT Matahari Department Store Tbk - VP Director, CEO & Member of Board of Management

Yes. Thank you very much. Good afternoon, everyone, and thank you for joining our second quarter and first half 2019 earnings call. As we normally do, this call will be recorded, and the audio file will be posted to our website afterwards. We delivered a positive 1.7% same-store sales growth in Q2, reversing the trend from the previous quarter and delivering a positive 0.6% same-store sales growth for the half. This compares to a 4.6% same-store

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