JAKARTA. PT Erajaya Swasembada Tbk (ERAA), a special retail issuer which is a constituent of the Tempo-IDNFinancials 52 Index (Index52), recorded a net profit of IDR 523.57 billion in the first semester (1H) 2024.

In the financial report just released, ERAA's net profit in 1H 2024 experienced growth of 14.15% year-on-year (yoy) or from the same semester last year. In 1H 2023, the company's net profit was recorded at IDR 458.67 billion.

ERAA's net profit growth is in line with sales performance in 1H 2024 which reached IDR 33.12 trillion. Sales in this period rose 14.6% yoy or from IDR 28.9 trillion in 1H 2023.

Mobile devices and tablets are still the main contributor to ERAA's sales in 1H 2024, with a contribution of IDR 27.13 trillion. Next followed by sales of computer products and other electronic equipment amounting to IDR 1.21 trillion, operator products IDR 897.46 billion, and accessories and others IDR 3.87 trillion.

As an information, ERAA currently remains as a constituent of Index52 in the High Growth issuer category. This is in line with the company's average annual growth rate (CAGR) which was at 22.86% in the last 5 years. (KR/LM)