JAKARTA - PT Erajaya Swasembada Tbk (ERAA) booked profit of Rp 110.18 billion in the first quarter (Q1) of 2020, higher than its record in Q1 2019 of Rp 56.53 billion. The growth in profit was mainly caused by revenue growth.
As quoted from the company's financial statements published on Monday (18/5), the company managed to record Rp 7.80 trillion in sales and Rp 778.05 billion in gross profit, higher than the records in Q1 2019 (Rp 7.12 trillion and Rp 646.96 billion).
The company's sales in Q1 2020 came from cellphones and tablets (Rp 5.93 trillion), vouchers (Rp 1.05 trillion), computers and other electronics (Rp 311.86 billion) and others (Rp 496.13 billion). (LK/AR)