Company Report | Pushing Company’s Online and Offline Channel Performance in 3Q22

Coal Average Selling Price Increase

In 3Q22, ERAA posted revenue of IDR11.5 trillion, with the Accessories segment leading the growth. 3Q22 gross profit grew by 37.2% YoY to IDR1.1 trillion, amid an increase in the cost of goods sold by 15.6% YoY. Vertically, throughout 9M22, the Digital segment is still the most significant contributor to ERAA’s sales, with 92.4%.

Asset Growth

In 3Q22, ERAA posted revenue of IDR11.5 trillion, with the Accessories segment leading the growth. 3Q22 gross profit grew by 37.2% YoY to IDR1.1 trillion, amid an increase in the cost of goods sold by 15.6% YoY.