Coal Average Selling Price Increase

ERAA managed to record sales growth in 1Q23 of 28.9% YoY, led by the Accessories and others segment, which rose 42.1% YoY. The company also recorded a net profit decline of 20.2% YoY. By business vertical, Erajaya Digital still contributed the most at 92.1%. In addition, ERAA continues to actively develop businesses in F&B, fashion lifestyle, healthcare, and pharmaceuticals.

Asset Growth

ERAA managed to record sales growth in 1Q23 of 28.9% YoY, led by the Accessories and others segment, which rose 42.1% YoY. The company also recorded a net profit decline of 20.2% YoY. By business vertical, Erajaya Digital still contributed the most at 92.1%.

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