ERAA – Continue to open new stores in 2025

ERAA – Continue to open new stores in 2025 Erajaya Swasembada (ERAA) projects a positive business outlook in line with the government’s commitment to maintaining inflation targets and the GDP growth expectation of approximately 5.2%. ERAA plans to expand its retail network and develop its business portfolio. As of 9M24, ERAA has opened 177 new outlets, bringing its total number of stores to 2,115 across Indonesia, Singapore, and Malaysia. Note that, ERAA recorded revenue of IDR48.6 tn (+13.50% yoy) and net profit of IDR791.16 bn (+59.88% yoy) in 9M24. (Source : Kontan)