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Page 1
Paparan Publik / Public Expose
               27th March 2025
Page 2
   Company Profile
    Profil Perseroan



   Operational Performance 2024
    Kinerja Operasi 2024



   Pandangan Bisnis 2025
    Business Outlook 2025




                                   2
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•   TANGGAL PENDIRIAN                1972
•   DATE OF ESTABLISHMENT

•   BER-OPERASI SECARA KOMERSIAL
                                     1974
•   STARTING COMMERCIAL ACTIVITIES

•   PENCATATAN DI BURSA
•   STOCK EXCHANGE REGISTRATION      1990


•   BIDANG USAHA                     INDUSTRI TEKSTIL DAN PAKAIAN JADI DENGAN FOKUS
•   BUSSINESS LINES                  SAAT INI PAKAIAN JADI / TEXTILE AND GARMENT
                                     INDUSTRY WITH FOCUS ON GARMENT


•   KANTOR PUSAT                     AXA TOWER (KUNINGAN CITY) LANTAI 43
•   REGISTERED OFFICE                JL. PROF. DR. SATRIO KAV.18, KARET KUNINGAN,
                                     SETIABUDI, JAKARTA 12940

                                     SPAZIO BUILDING LANTAI 3, UNIT 319-321
•   KANTOR ADMINISTRASI              GRAHA FESTIVAL KAV.3 – GRAHA FAMILY. JL. MAYJEN
•   ADMINISTRATION OFFICE            YONO SOEWOYO, SURABAYA 60226, INDONESIA



•   PABRIK                           JL. RAYA SOEKARNO-HATTA No. 23
•   FACTORY                          KOTA PROBOLINGGO 67212, INDONESIA


                                                                                       3
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             PT. ERATEX DJAJA Tbk




                                PT. ERATEX
PT. ERATEX GARMENT
                              (HONGKONG) Ltd
        99 %
                                   100 %




                                               4
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         Shareholders          Share          %

PT. Ungaran Sari Garments   1,186,085,292   92.19%

Public holders              100,454,500     7.81%

Total                       1,286,539,792   100.00%




                                                      5
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                                                                                                      Market Capitalization
Period   Highest (Rp) Lowest (Rp) Closing (Rp)         Volume (Share)           Value Rp (million)
                                                                                                          Rp (million)


         2023   2024   2023   2024   2023   2024      2023          2024         2023        2024       2023        2024


 Q1      630    306    193    220    256    246    287.654.000   66,353,600    98.728,2    17.957,9   329.354,2   316.488,8


 Q2      316    266    122    210    189    222    326.699.300    7,314,600    72.980,6    1.737,8    243.156,0   285.611,8


 Q3      444    332    171    107    360    112    546.631.500   315,295,100   170.617,2   49.785,9   463.154,3   144,092,4


 Q4      446    146    228    83     236    101    326.986.100   468,103,000   128.049,3   53.834,4   303.623,4   129.940,5




                                                                                                                              6
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                                                                           Value Rp
  2024      Highest (Rp)   Lowest (Rp)   Closing (Rp)   Volume (Share)
                                                                         (full amount)

 January        306           220            238            53.796.100   14.741.335.200
February        276           226            276             9.481.000    2.425.030.200
 March          276           242            246             3.076.500     791.501.400
  April         266           230            244             2.416.400     592.595.000
  May           258           210            230             2.443.500     577.797.400
  June          254           220            222             2.454.700     567.434.499
  July          332           178            184            95.094.800   20.104.571.100
 August         184           114            121           153.642.500   21.291.479.400
September       136           107            112            66.557.800    8.389.925.300
 October        113            83            89             49.822.700    4.945.034.000
November        146            87            102           335.623.400   39.745.718.300
December        122            93            101            82.656.900    9.143.607.700




                                                                                          7
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                                         in thousand USD


                           USD 120.703

             USD 110.084                 USD 109.066


USD 93.701




  2021          2022          2023          2024




                                                           9
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      REGION              2024          2023
        USA                  42,9%         53,4%
                                                   7,3%           12,2%
     EUROPE                   5,1%          4,0%
       JAPAN                                                                       42,9%
                             32,5%         26,8%
OTHER COUNTRIES*              7,3%          5,8%
       LOCAL                 12,2%         10,0%          32,5%
       TOTAL                100,0%        100,0%


 •   Export to Hong Kong, Italy, Korea,                                     5,1%
     Taiwan, China, Canada, Vietnam,
     Mexico, Philippine, Thailand, Netherland


                                                    USA                   EUROPE
                                                    JAPAN                 OTHER COUNTRIES*
                                                    LOCAL




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                                                                                                   2024
                                                                               BUYER          (in thousand
                              $3.857 $374      $1.467                                              USD)
         $7.323        $248
                                                                           Premium Brand          $   13.559
             $209
   $6.819                                   $13.559                       Ralph Lauren Polo       $   18.746
$3.191
                                                                          Fast Retailing GU       $   37.427
            $6.443                                             $18.746
                                                                             CFL Duluth           $    6.987

           $6.987                                                          American Eagle         $    2.415
                                                                            Lane Bryant           $    3.191
$2.415
                                            $37.427                           Giordano            $    6.443
                                                                               Uniqlo             $    6.819
                                                                            Mack Weldon           $     209
                                                                              Carhartt            $    7.323

            Premium Brand         Ralph Lauren Polo   Fast Retailing GU
                                                                               Talbots            $     248
            CFL Duluth            American Eagle      Lane Bryant              J.JILL             $    3.857
            Giordano              Uniqlo              Mack Weldon
                                                                               Levi's             $     374
            Carhartt              Talbots             J.JILL
            Levi's                Others*                                     Others*             $    1.467
                                                                                Total         $       109.066
                                                                                                                11
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The revenue in 2024 was reduced by 10% from 2023 due to global inflation , specific reduction from
                                      USA customers


               Increase in Capacity was put on hold due to volatile business in 2024


       Company Focused on investment in Automation to reduce Operational inefficiencies


Renovation in one of old Production building already reach 50% stage of completion. It will be fully
                                       completed in 2025.

Following efforts towards sustainability , Company eliminated usage of coal completely in 2024 and
                                          shifted to PGN gas


                 Starting from September 2024, SOFR rate started to lower down


 Due to volatile business ,we faced lot of operational challenges, due to which our bottom line has
                                              impacted




                                                                                                       12
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                                                               in thousand USD

                         2024         2023          2022

PENDAPATAN           $ 109.066    $ 120.703     $ 110.084            REVENUE

LABA KOTOR           $    9.597   $    11.813   $   10.557      GROSS PROFIT

LABA USAHA           $    4.253   $     5.997   $    6.586   OPERATING PROFIT

LABA (RUGI) BERSIH   $    1.499   $     2.731   $    3.916   NET PROFIT (LOSS)




                                                                             13
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                                                                          in thousand USD

                               2024          2023          2022
JUMLAH ASET LANCAR         $    47.401   $    44.673   $    44.657      CURRENT ASSETS
JUMLAH ASET TIDAK LANCAR   $    35.409   $    35.091   $    34.059   NON CURRENT ASSETS
TOTAL ASET                 $    82.810   $    79.764   $    78.717          TOTAL ASSETS
JUMLAH LIABILITAS LANCAR   $    38.995   $    34.948   $    37.853    CURRENT LIABILITIES
JUMLAH LIABILITAS JANGKA                                                   NON CURRENT
                           $    16.959   $    19.744   $    17.355
PANJANG                                                                        LIABILITIES
TOTAL LIABILITAS           $    55.954   $    54.692   $    55.208       TOTAL LIABILITIES
TOTAL EKUITAS              $    26.856   $    25.072   $    23.509          TOTAL EQUITY




                                                                                        14
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                                                                         in thousand USD

                          2024             2023             2022

JUMLAH ASET LANCAR    $    47.401      $    44.673      $    44.657      CURRENT ASSETS

JUMLAH ASET TETAP     $    34.763      $    34.581      $    33.682        FIXED ASSETS

JUMLAH ASET LAINNYA   $          646   $          510   $          378     OTHER ASSETS

TOTAL ASET            $    82.810      $    79.764      $    78.717        TOTAL ASSETS




                                                                                           15
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                              in thousand USD




 $646
           $510      $378




$34.763
          $34.581   $33.682    JUMLAH ASET LAINNYA

                               JUMLAH ASET TETAP

                               JUMLAH ASET LANCAR




$47.401   $44.673   $44.657

 2024      2023      2022




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                          2024    2023    2022


RATIO LANCAR               1,22    1,28   1,18          CURRENT RATIO


TOTAL LIABILITAS/TOTAL                            TOTAL LIABILITAS/TOTAL
                           0,68    0,69   0,70
ASSET                                                             ASSET

TOTAL LIABILITAS/TOTAL                             TOTAL LIABILITY/TOTAL
                           2,08    2,18   2,35
EKUITAS                                                          EQUITY


IMBAL HASIL EKUITAS (%)   5,6%    10,9%   16,7%   RETURN ON EQUITY(%)




                                                                       17
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                    Sales revenue is expected to increased by 11% from 2024

   We are expecting that business with Japanese and USA customers will increase in FY 2025

          Company will remain focus on onboarding some long term strategic customers

         Continue to develop new wash categories and improvement in wash capabilities

The Company would continue its focus on optimizing the cost structure, and increasing productivity
                                    and quality products.

         Investing in sustainable and new technologies will be key factor in coming years


                     Interest rates are expected to reduce further in FY 2025


            Overall 2025 looks to be an year of improvement and sustainable growth



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linked org ERATEX DJAJA Tbk p.4 ×2
linked org PT. Ungaran Sari Garments p.5
possible person PROF. DR. SATRIO p.3
unresolved org PT. ERATEX p.4
unresolved org PT. ERATEX GARMENT p.4

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