ERAA – Net profit grew 8.5% yoy in 1H25

ERAA – Net profit grew 8.5% yoy in 1H25 Erajaya Swasembada (ERAA) recorded revenue of IDR35.05 tn (+6% yoy) and net profit of IDR568 bn (+8.5% yoy), with a margin of 1.6% in 1H25. The improved performance was due to growth in the accessories and other segment, which reached IDR5.1 tn (+32% yoy). ERAA’s revenue also comprised the computer and electronic equipment segment at IDR1.33 tn (+9.5% yoy), and the mobile phone and tablet segment at IDR27.8 tn. Moreover, ERAA entered into a partnership with XPENG for the local assembly of the XPENG X9 electric MPV at Handal Indonesia Motor’s plant in Purwakarta, which is the first assembly facility outside of China. (Source : Investor Daily)