Astra International posts $118.4 million profit<\/p>\n
JAKARTA (JP): PT Astra International booked a 45 percent
\nincrease in its net consolidated profit to Rp 271 billion
\n(US$118.4 million) in the last nine months of this year, the
\ncompany said in a statement yesterday.<\/p>\n
"The major contributors to the profit were the company's
\nautomotive division, providing Rp 218 billion, finance services
\nRp 28 billion and heavy equipment Rp 14 billion," said the
\ncompany's public relations manager, Aminuddin.<\/p>\n
He said the company's total sale's revenues increased by 39.83
\npercent to Rp 9.44 trillion during the January-September period,
\nof which Rp 6.7 trillion came from the automotive division, Rp
\n1.3 trillion from heavy equipment and Rp 643.74 billion from
\nfinancial services.<\/p>\n
The automotive division comprises the Toyota Group which
\nproduces Toyota vehicles; Astra Mobil Group which produces
\nDaihatsu, Isuzu, BMW, Peugeot and Nissan Diesel vehicles; Federal
\nGroup which produces Honda motorcycles and the Automotive
\nComponents Group which manufactures components.<\/p>\n
Total sales of the Astra Mobil Group alone in the first nine
\nmonths reached 153,709 units, up by 23 percent from 125,092 in
\nthe corresponding period of last year, while the sales of Honda
\nmotorcycles increased by 29 percent to 346,837 units from 268,607
\nunits.<\/p>\n
Aminuddin said the stability of interest rates offered by
\nbanks and lessors supported the growth of company's sales and
\nprofitability.<\/p>\n
He said Astra's financial service division increased its
\nrevenues by 38 percent to Rp 643.75 billion in the January-
\nSeptember period, most of which was contributed by the Consumer
\nFinancing Group and Bank Universal.<\/p>\n
The shareholders of Astra, which currently employs 86,000
\npeople, include PT Delta Mustika (holding 10.68 percent), Toyota
\nMotor Corporation of Japan (8.26 percent), Number 6 Enterprises
\nLtd. (4.87 percent), the International Finance Corporation (4.76
\npercent) and Bank Ekspor Impor Indonesia (4.16 percent).<\/p>\n
Other shareholders are Bogasari Flour Mills (3.78 percent),
\nYayasan Tunjangan Hari Tua BDN (3.78 percent), Norbax Inc. of
\nHong Kong (3.52 percent), Arman Investment Utama (2.06 percent),
\nBank Danamon Indonesia (2.06 percent), Danamon International
\n(2.06 percent), Gajah Tunggal Mulia (2.06 percent), Danareksa
\nFund Management (1.98 percent), Kashmir Ltd. of Hong Kong (1.84
\npercent), Anugerah Daya Laksana (1.55 percent), Yayasan Dapenso
\nBNI '46 (1.38 percent), Tri Kirana Investindo Prima (1 percent),
\nRBS Clients UK Nominees of Britain (1 percent), Suryaraya Serasi
\n(0.87 percent) and Morgan Stanley Trust Co. of Hong Kong (0.86
\npercent).<\/p>\n
The remaining 37.44 percent of the shares are listed on the
\nlocal capital market. (kod)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/astra-international-posts-1184-million-profit-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}