Astra sees growing revenue in 2005

Astra sees growing revenue in 2005

JAKARTA: PT Astra International, Indonesia's largest car maker, on Wednesday said it expects revenue next year to grow more than 10 percent year-on-year, mostly because of an increase in car and motorcycle sales.

"The target of such revenue growth next year is achievable," Astra Finance Director John Slack told reporters.

He said the growth of the national car and motorcycle market looks promising next year due to improved consumer purchasing power.

He expects the national car sales will grow by 10 percent, and motorcycle sales by 25 percent. -- Dow Jones