JAKARTA (Indonesia Today) – PT Erajaya Swasembada Tbk (ERAA), operator of Erafone outlets, booked net profit of Rp75.58 billion in first quarter (Q1) of 2013, lower than Rp79.73 billion in the same period of 2012.

Net sales declined 7.5% to Rp2.93 trillion from previous Rp3.17 trillion. Sales of cellular phones and tablets amounted Rp2.6 trillion (Q1 2012: Rp2.98 trillion).

Cost of goods sold reached Rp2.66 trillion then gross profit was Rp271.8 billion. Operating profit reached Rp119.83 billion.

Its assets totaled Rp4.13 trillion while liability amounted Rp1.48 trillion. It has cash and cash equivalent of Rp182.55 billion. (hans@theindonesiatoday.com)