AUTO – Net profit down 7.4% yoy in 1H25
AUTO – Net profit down 7.4% yoy in 1H25
Astra Otoparts (AUTO) posted revenue of IDR9.58 tn (+4.2% yoy) and net profit of IDR938.96 bn (-7.4% yoy) in 1H25. The decline in net profit was due to the recognition of gains from the sale of fixed assets no longer used in manufacturing activities in 2024. Excluding that gain, AUTO still recorded a net profit growth of 9.7% yoy. In the manufacturing segment, AUTO recorded revenue of IDR5 tn (+6.1% yoy), supported by increased demand from OEM customers. Meanwhile, in the trading segment, AUTO posted revenue of IDR4.6 tn (+2.2% yoy), supported by contributions from the export business and retail networks such as Shop&Drive and Astra Otoservice. (Source : Bisnis Indonesia)