ERAL Invests Rp 10.1 Billion in New Joint Venture Company

PT Erajaya Swasembada Tbk (ERAL) has announced an investment allocation of Rp 10.1 billion for the establishment of a new joint venture company. The majority share ownership structure is held by ERAL with a 70% portion, equivalent to Rp 7.07 billion, while Pan Asia Indonesia holds 30% of the shares worth Rp 3.03 billion.

Badar Teguh Mancik Alam, ERAL’s Corporate Secretary, explained that all funding for the investment in PT Mega Cahaya Indonesia comes from ERAL and Pan Asia Indonesia’s internal cash. The formation of this joint venture entity is expected to expand the company’s business lines through its subsidiaries, as quoted from Investasi.

This business expansion aligns with ERAL’s positive performance throughout the 2025 fiscal year. The company recorded net sales of Rp 6.49 trillion, showing a significant 34.1% year-on-year (yoy) increase compared to the 2024 period.

This growth was driven by strengthening business fundamentals through disciplined operational management. Additionally, the expansion of the global brand portfolio and increased product relevance with consumer lifestyle trends in Indonesia contributed to this.

Erajaya Active Lifestyle CEO, Djohan Sutanto, on Monday (30/3/2026) revealed that ERAL’s achievements throughout 2025 are the result of the company’s strategy. This strategy includes strengthening the global brand portfolio as well as expanding product categories relevant to societal needs.

“We also continue to maintain discipline in operational execution and focus on quality growth,” said Djohan. From a business structure perspective, ERAL consistently shows progress towards a more diversified portfolio through three main categories: Smart, Active, and Lifestyle.