Coal Business and Weak Car Market Push Astra (ASII) Profit Down 2% in 2025
PT Astra International Tbk (ASII) recorded net profit of Rp32.77 trillion throughout 2025. This represented a 2% year-on-year decline from the same period a year prior, which stood at Rp33.90 trillion.
The Group’s consolidated net revenue in 2025 was Rp323.4 trillion, 2% lower than 2024.
Astra President Director Djony Bunarto Tjondro attributed this primarily to decreased contributions from mining services and coal mining operations as well as new vehicle sales, offset by stronger performance from gold mining, financial services, and motorcycle businesses.
“In 2025, Group profit declined mainly due to lower coal prices and weakness in the new car market. However, the Group’s business performance remained resilient, supported by good contributions from other businesses,” Djony stated in his official remarks on 27 February 2026.
Examining the financial report by division, automotive and mobility continued to provide the largest contribution to net profit at Rp11.36 trillion, though this slightly declined from Rp11.40 trillion a year earlier.
The heavy equipment, mining, construction and energy division’s net profit fell 24% to Rp9.1 trillion. The decline in mining services and coal mining performance was partially offset by stronger gold mining operations.
The Astra Group’s financial services division net profit increased 9% to Rp8.95 trillion, driven by higher contributions from consumer financing with increased financing portfolio value.
The Group’s infrastructure division recorded a 24% increase in net profit to Rp1.3 trillion, attributed to higher toll road tariffs and increased traffic volume. The Group’s toll road concessions recorded a daily revenue increase of 8%.
Astra Group’s agribusiness division reported a 28% year-on-year profit increase to Rp1.2 trillion. This was aided by a 11% increase in palm oil (CPO) prices and a 13% rise in CPO and derivative product sales volume to 1.8 million tonnes.
The highest profit growth came from the property division, which reported a 224% year-on-year net profit increase to Rp719 billion. Djony explained this primarily stemmed from newly acquired industrial warehouse assets and negative goodwill recognition from the acquisition of PT Mega Manunggal Property Tbk (MMLP).
Finally, the information technology division recorded a 33% increase in net profit to Rp208 billion. The increase was due to higher revenue from information technology solutions business and improved operating margins.
Furthermore, ASII’s net asset value per share on 31 December 2025 rose 8% to Rp5,692. Net cash, excluding the Financial Services subsidiary, reached Rp7.2 trillion on 31 December 2025, down from Rp8.0 trillion on 31 December 2024. The Financial Services subsidiary’s net debt reached Rp64.9 trillion on 31 December 2025, up from Rp60.2 trillion on 31 December 2024.
“Looking ahead, although operational conditions in several of our businesses remain challenging, we anticipate overall consumer sentiment will improve. Astra will remain focused on operational excellence and disciplined capital allocation, whilst leveraging Astra’s strong balance sheet position to support sustainable value creation for stakeholders,” Djony concluded.