MAP Group Stocks Still Worth Buying Despite Profit Drop

MAP Group sees profit declines in 2024, but JP Morgan remains bullish on MAPI and MAPA stock for long-term gains.

Bisnis.com, JAKARTA — Retail issuers within the MAP Group posted disappointing financial results throughout 2024, with PT Mitra Adiperkasa Tbk. (MAPI) experiencing a decline in profit, while its subsidiary reported a loss for the year.

According to the financial report, both MAPI and PT MAP Aktif Adiperkasa Tbk. (MAPA) saw a drop in profits, while PT MAP Boga Adiperkasa Tbk. (MAPB) recorded a loss for the entire year.

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