Link: https://links.sgx.com/1.0.0/corporate-announcements/4KGM7TIDZRCO4040/bda79c455a10a4942ed3a16a23f85c64dbb4f7941eb56cd5ff970d6843507dea

Summary:

• PT Astra International Tbk reported a 3% increase in net revenue to Rp83.4 trillion for the first quarter of 2025 compared to 1Q 2024.
• Net income (excluding fair value adjustments) decreased by 9% to Rp7.4 trillion, resulting in a 9% decline in net earnings per share to Rp182.
• Key business segments demonstrated mixed performance, with growth in areas like Financial Services and Infrastructure, while Automotive & Mobility and Heavy Equipment, Mining, Construction & Energy segments saw a decrease in net income.
• Operational highlights included resilient market share in Astra's automotive and motorcycle divisions and increased sales volumes for certain products like Komatsu heavy equipment and used cars.
• Despite challenging economic conditions and lower coal prices, the company believes its diversified portfolio and strong balance sheet will enable it to capitalize on long-term growth opportunities.