PT Erajaya Swasembada Tbk Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2012
April 24, 2012
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PT Erajaya Swasembada Tbk reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net sales of IDR 3,172,107,209,442, income from operations of IDR 118,533,723,318, income before income tax of IDR 108,411,068,198 and income for the period attributable to equity holders of the parent company of IDR 79,416,374,503 or IDR 39 per basic share against net sales of IDR 989,263,662,196, income from operations of IDR 79,832,716,991, income before income tax of IDR 75,627,983,102 and income for the period attributable to equity holders of the parent company of IDR 55,828,840,261 or IDR 28 per basic share for the same period a year ago, Net cash provided by operating activities was IDR 216,559,939,601 against net cash used in operating activities of IDR 74,589,806,880 for the same period a year ago, Purchase of fixed assets was IDR 25,231,969,164 against IDR 84,809,360 for the same period a year ago.
PT Erajaya Swasembada Tbk is an Indonesia-based importer, retailer and distributor of telecommunication equipment. The Company's business verticals include Erajaya Digital, Erajaya Active Lifestyle, Erajaya Beauty and Wellness, and Erajaya Food and Nourishment. Its Erajaya Digital is focused on consumer electronics, handsets, laptops, computers, operator business and vouchers, as well as other relevant products with various store concepts, from multi-brand concepts like Erafone store to monobrand concepts, such as iBox, Samsung, Mi-store and other brands. Its Erajaya Active Lifestyle is engaged in the sales of lifestyle-related products, such as accessories, Internet of things, sport fashion apparel, as well as other outdoor activity-related products. Its Erajaya Beauty and Wellness is engaged in the sales of beauty, health care and pharmaceutical products. In addition, the Company also has a distribution business for medical devices in collaboration with various brands.