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ERAA – Average Selling Price Increases

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Cindy Alicia
Cindy Alicia
Analyst - Consumer, Healthcare
Cindy Alicia
Latest posts by Cindy Alicia (see all)
  • Company Report | Multi-Channel Strategy Improves Company’s Performance in 3Q22 - December 14, 2022
  • Company Report | All Segments Performance Equally Grows 3Q22 - November 29, 2022
  • Company Report | Margin Kompak Mengalami Pertumbuhan 3Q22 - November 15, 2022

Amid the decline in sales volume and increased ASP in 1Q22, ERAA still booked a good performance that quarter. Sales and net profit each grew 5.8% YoY and 6.1% YoY. Meanwhile, up until March 2022, ERAA successfully opened 53 new stores.

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Company Report | Multi-Channel Strategy Improves Company’s Performance in 3Q22

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MAPI’s sales were recorded at IDR6.6 trillion in 3Q22 (-0.6% QoQ; +123.1% YoY), and the 9M22 cumulatively grew by 55.8% YoY, supported by the growth of the Sports & Leisure, Fashion, Health & Beauty, Food & Beverage, and Digital Devices segments. As of 3Q22, MAPI has opened 91 new stores.

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