MPMX Reports 23 Per Cent Growth in Consolidated Net Profit to Rp 336 Billion in H1 2026

Jakarta, VIVA – PT Mitra Pinasthika Mustika Tbk (MPMX) reported net revenue of Rp 7.7 trillion in the first half of 2026, representing a 1 per cent decrease compared to the same period the previous year.

MPMX Group CFO, Beatrice Kartika, stated that amidst market dynamics, MPMX managed to enhance profitability quality through disciplined cost management and the optimisation of its business mix. This is reflected in a 6 per cent year-on-year increase in gross profit to Rp 691 billion, and operating profit growth of 25 per cent year-on-year to Rp 366 billion.

“As well as a 23 per cent year-on-year increase in consolidated net profit to Rp 336 billion,” Beatrice said in a statement on Friday, 31 July 202cap 6.

In line with this, the gross profit margin increased to 9.0 per cent, the operating profit margin rose to 4.7 per cent, and the net profit margin reached 4.4 per cent, higher than the same period last year.

In terms of segmentation, the company’s performance showed diverse dynamics, with a focus on strengthening revenue quality and efficiency. The Distribution & Retail segment maintained relatively stable performance in H1 2026, supported by growth in the retail business and after-sales services, which helped offset the slowdown in motorcycle sales within the distribution business.

In the distribution business, MPMulia’s motorcycle sales revenue decreased by 3 per cent year-on-year to Rp 6 trillion, while revenue from after-sales services increased by 9 per cent year-on-year to Rp 751 billion. Conversely, the retail business also recorded growth, with motorcycle sales revenue increasing by 6 per cent year-on-year to Rp 1.7 trillion, and after-sales service revenue growing by over 9 per cent year-on-year to Rp 51 billion.

Overall, Beatrice noted that segment net revenue remained steady at Rp 7.3 trillion, a slight decrease of only 0.4 per cent year-on-year. Amid relatively stable revenue, gross profit increased by 6 per cent year-on-year to Rp 616 billion, while the gross profit margin rose to 8.5 per cent from 7.9 per cent in the same period last year.

“This increase reflects an increasingly optimal revenue composition as well as improved profitability levels,” she added.

In the insurance business segment, MPMInsurance recorded insurance revenue of Rp 434 billion, a 10 per cent decrease year-on-year. This was primarily influenced by a decline in contributions from the motor vehicle insurance line and other businesses. Meanwhile, revenue from the property insurance line remained relatively stable at Rp 190 billion.