Consumers shift to cheaper products, here’s the outlook for ERAA
2 months ago
Smartphone and gadget issuer, Erajaya Swasembada, is granted BUY recommendation for its robust capability to face market challenges.
Erajaya enters electric vehicle industry
3 months ago
PT Erajaya Swasembada Tbk (ERAA) is expanding its business portfolio as official distributor of Chinese-manufactured electric vehicle under the brand XPeng, through its affiliated entity, PT Era Inovasi Otomotif (EIO).
Forming a joint venture, Erajaya Swasembada spent IDR 52.2 billion of investment
5 months ago
PT Erajaya Swasembada Tbk (ERAA), a retailer specialised in telecommunication devices, has formed another joint venture (JV) through one of its subsidiaries, PT Era Sukses Abadi (ESA).
ERAA’s profit up 60.12% to IDR 791.16 billion in Q3 2024
5 months ago
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.
Share sale transactions greater, net foreign volume closed at -591.74 million shares
6 months ago
On Thursday, October 10, share sales transactions generated a foreign sales volume of 3.53 billion shares. Meanwhile, foreign buying volume was in the range of 2.94 billion shares, and net foreign volume closed at -591.74 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, totalling approximately 706.10 million shares, with a net volume of -132.62 million shares.
30 million Rukun Raharja (RAJA) shares acquired; Sentosa Bersama currently owns 34%
8 months ago
PT Rukun Raharja Tbk (RAJA), an integrated gas energy provider, was the target of PT Sentosa Bersama Mitra's acquisition of 30 million shares in early August. The investor's control was also bolstered by this share purchase on Thursday, August 1, which increased from 33.98% to 34.69%.
Remaining at Index52, ERAA's net profit rose 14.15% in 1H
8 months ago
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.
Profit down, Erajaya still distribute dividend of IDR 17 per share
10 months ago
Annual General Meeting of Shareholders (AGMS) of PT Erajaya Swasembada Tbk (ERAA) distributes dividend of IDR 17 per share for the fiscal year (FY) 2023, down from IDR 19 per share allocated in FY 2022.
Erafone to extend credit facility secured from Bank CTBC
a year ago
PT Erafone Artha Retailindo (EAR), as known as Erafone, a subsidiary of PT Erajaya Swasembada Tbk (ERAA), has signed a credit facility extension with PT Bank CTBC Indonesia.
ERAA to channel extra capital to maintain portion at Teknologi Belanja Digital
a year ago
PT Erajaya Swasembada Tbk (ERAA), through one of its subsidiaries, Eraspace Pte. Ltd., has channelled additional capital to PT Teknologi Belanja Digital (TBD) in order to keep its stock ownership.