ERAA - To benefit from year end festivities

ERAA - To benefit from year end festivities Erajaya Swasembada (ERAA) expects to benefit from year end festivities by offering various promotions; discounts, bundlings package, etc, through its online and offline platform. Based on the company's historical performance, ERAA' 4Q performance is always better than other quarter and in each of its 4 business segments; Erajaya digital, Erajaya active lifestyle, Erajaya food & nourishment, and Erajaya Beauty & wellness. In 9M23, ERAA has spent IDR712 bn out of its 2023' capex, which was for opening 504 new stores and currently, ERAA has 2,046 stores in total that spreadout across Indonesia, Singapore and Malaysia. (Source: Kontan)