Mar 27, 2012

Erajaya FY11 net profit rises 17.31%

Mobile phone and smart products distributor PT Erajaya Swasembada Tbk (ERAA) today reported a 17,31% increase in net profit last year.
In the financial statement published today, Erajaya posted Rp255.39 billion or Rp126 a share last year from Rp217.71 billion or Rp110 a share in the previous year.
Operating profit increased 31.13% to Rp385.01 billion from Rp293.61 billion. Gross profit rose 47.47% to Rp748.83 billion from Rp507.79 billion. Net sales increased 48.49% to Rp6.89 trillion from Rp4.64 trillion. 

Disclosure: No position at the stock mentioned above.

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