JAKARTA -PT Erajaya Swasembada Tbk (ERAA) booked net profit growth of 60.12% year-on-year (yoy) to IDR 791.16 billion in Q3 2024 from IDR 494.83 billion recorded in the same period last year. Cell phone and tablet sales covered 81.10% of total revenue.
Based on Q3 2024 Report quoted Monday (29/10), the company recorded sales of IDR 48.60 trillion, up 13.52% yoy from IDR 42.81 trillion in Q3 2023.
It brought gross profit up 2.12% from IDR 4.48 trillion to IDR 5.43 trillion, as well as operating profit up 36.83% yoy to IDR 1.62 trillion from IDR 1.18 trillion.
Within the first nine months (9M) in 2024, the issuer reported the highest sales from cell phone and tablet of IDR 39.42 trillion, increasing from IDR 34.57 trillion seen in 9M 2023.
Then, computer and other electronic devices also booked sales growth, from IDR 1.18 trillion to IDR 1.94 trillion, whereas operator products’ sales slipped from IDR 1.96 trillion to IDR 1.24 trillion. Lastly, accessories and others also reported sales increase from IDR 5.09 trillion to IDR 5.98 trillion. (LK/ZH)