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 2020 Matahari Department Store Tbk PT Earnings Call Transcript

Jul 30, 2020 / 09:30AM GMT
Release Date Price: Rp1305 (-0.76%)
Operator

Good afternoon, everyone. Welcome to Matahari Department Store's Second Quarter and First Half 2020 Earnings Call. Today's call will be hosted by Mr. Terry O'Connor, CEO; and Mr. Niraj Jain, CFO.

(Operator Instructions)

I must advise you that this call is being recorded today, Thursday, the 30th of July, 2020.

Now let me pass on to the first speaker today, Mr. Niraj Jain, CFO, to update you on the second quarter and first half performance.

Niraj Jain
PT Matahari Department Store Tbk - CFO & Independent Director

Good afternoon, everyone. And thank you for joining our second quarter 2020 earnings call. To help those who cannot join us this afternoon, we will be recording this call and post it to our website afterwards. As you are aware, the COVID-19 has significantly impacted our operations in the second quarter. Nevertheless, we are now recovering fast and are pivoting towards our business transformation plan. This transformation is solely to help us prepare for the upcoming opportunities in 2021 and onwards, in particular, when

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