ERAA – Net profit grew 8.54% yoy in 1H25

ERAA – Net profit grew 8.54% yoy in 1H25 Erajaya Swasembada (ERAA) booked a net profit of IDR568.29 bn in 1H25, up 8.54% yoy from IDR523.57 bn, which made its earnings per share (EPS) rose to IDR36 from IDR33 a year earlier. While. ERAA' revenue reached IDR35.04 tn (+5.82% yoy) in 1H25, as sales from its business segments; accessories segment at IDR8.98 tn (+51.12% yoy), operator products at IDR1.55 tn (+69.01% yoy), computers & electronics at IDR2.57 tn (+33.74% yoy), and mobile phones & tablets at IDR53.01 tn (-3.94% yoy). Based on area, sales in Jabodetabek, Kalimantan, Singapore, and Malaysia rose 5.01% yoy to IDR20.72 tn, while Sumatra and other parts of Java grew 9.58% yoy to IDR10.6 tn, and Eastern Indonesia rose 2.84% yoy to IDR3.71 tn. Moreover, gross profit also grew by 10.9% yoy to IDR3.96 tn, despite higher COGS at IDR31.08 tn (+5.21% yoy). Total liabilities also increased 49.66% ytd to IDR19.03 tn, mainly due to short-term bank loans surging 189% ytd to IDR7.9 tn, long-term loans jumping 424.57% ytd to IDR2.21 tn, and short-term liabilities reaching IDR15.21 tn. Equity also rose to IDR9.42 tn from IDR9.05 tn in Dec’24 with total assets expanding 30.68% ytd to IDR28.45 tn, supported by a rise in inventory to IDR11.72 tn, increasing 64.4% ytd, and prepaid taxes of IDR2.02 tn, up 79.57% ytd. (Source : Bisnis Indonesia)