ERAA - A IDR1.03 tn net profit in 2024

ERAA - A IDR1.03 tn net profit in 2024 Erajaya Swasembada (ERAA) recorded a 25% yoy net profit growth at IDR1.03 tn in FY24 as its revenue grew 8.55% yoy to IDR65.27 tn. This growth was driven by strong sales performance, particularly in mobile phones and tablets, which contributed IDR52.43 tn. Gross profit rose 12.84% yoy to IDR7.27 tn, while total assets grew 6.49% to IDR 21.77 trillion. ERAA plans to expand its retail network outside Java in 2025, reinforcing market reach and accessibility for its product portfolio. (Source : Bisnis Indonesia)