Jakarta, 23 June 2026 – PT Sinar Eka Selaras Tbk (“ERAL” or “the Company”), a subsidiary of Erajaya Group focused on the active lifestyle segment, held its Annual General Meeting of Shareholders (AGMS) in Jakarta. One of the key decisions of the AGMS was the approval of a cash dividend distribution to shareholders amounting to Rp 41.5 billion, or equivalent to Rp 8 per share.
“This dividend distribution reflects our commitment to keep delivering real results to shareholders, in line with our strategy to continue driving business growth through strengthening our brand portfolio, expanding our retail network, and developing an active lifestyle ecosystem that is relevant to the needs of Indonesian consumers,” said Djohan Sutanto, President Director of PT Sinar Eka Selaras Tbk.
Throughout the 2025 financial year, the Company recorded net sales of Rp 6.49 trillion, surging 34.1% compared to the previous year. This growth was driven by a consistent business expansion strategy, as well as the Company’s ability to capture growth opportunities in the continuously developing active lifestyle industry.
That growth momentum continued into the first quarter of 2026, where the Company recorded net sales of Rp 1.7 trillion, up 24.2% compared to the same period of the previous year, with net profit reaching Rp 43 billion. The Company also recorded Same Store Sales Growth (SSSG) of 20.1%, driven by strong performance across various business lines, particularly Urban Republic and JD Sports.
In line with this growth strategy, the Company continues to strengthen its portfolio diversification by adding global brands relevant to evolving consumer needs. The presence of Wilson, ANTA, and GentleWoman is part of ERAL’s efforts to build an increasingly comprehensive active lifestyle ecosystem.
The Company’s business expansion is also reflected in the continued growth of its retail network. As of the first quarter of 2026, the number of ERAL stores increased to 219 outlets, compared to 205 outlets at the end of FY2025, with the largest additions coming from Wilson, ANTA, and Garmin. This growth demonstrates positive momentum for the Company’s retail business across key categories.
“With an increasingly diverse brand portfolio, ERAL continues to build an active lifestyle ecosystem that is relevant to the needs of Indonesian society. The trust from international partners also serves as validation of the Company’s ability to develop the market in Indonesia, and we are optimistic that this strategy will continue to support the Company’s sustainable business growth,” Djohan concluded.
In addition to the agenda related to business performance and dividend distribution, the Annual General Meeting of Shareholders also approved a change in the composition of the Company’s Board of Commissioners, with the appointment of Richard M. Harjani as Commissioner of the Company, replacing Hasan Aula.
Today’s AGMS also discussed a number of agenda items, including:
- Approval of the Annual & Sustainability Report and ratification of the Company’s Consolidated Financial Statements for the financial year ended 31 December 2025
- Determination of the use of the Company’s net profit attributable to the Owners of the Parent Entity for the financial year ended 31 December 2025
- Approval of the delegation of authority to the Company’s Board of Commissioners to appoint the Public Accounting Firm that will audit the Company’s consolidated financial statements for the 2026 financial year, along with the determination of honorarium and other terms
- Determination of honorarium and/or allowances for the Company’s Board of Commissioners, as well as delegation of authority to the Board of Commissioners to determine the remuneration of the Board of Directors for the 2026 financial year
- Approval of the change in the composition of the Company’s management
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About PT Sinar Eka Selaras Tbk (ERAL):
PT Sinar Eka Selaras Tbk (ERAL) is a subsidiary of Erajaya Group under the Erajaya Active Lifestyle business vertical. ERAL operates in the distribution and retail of active lifestyle products, covering lifestyle gadget devices and fashion, and also acts as the Sole Agent (ATPM) for XPENG electric vehicles. Since 8 August 2023, ERAL has officially become a public company and is listed on the Indonesia Stock Exchange. Further information is available at www.ses.id.
ERAL is trusted as the official retailer of various renowned global brands such as Urban Republic, XPENG, DJI, Garmin, SHOKZ, Wilson, ANTA, MST Golf, JD Sports, Urban Adventure, Under Armour, GentleWoman, and ASICS. ERAL also manages more than 200 retail outlets across Indonesia.
