Back 31 Oct 2025

Astra International’s 9M 2025 net income down 6% on weaker coal prices, but financial services, gold mining, and infrastructure offset

Link: https://links.sgx.com/1.0.0/corporate-announcements/0UOMB7E1K5VTJH4X/0d5303cb070e565c511bbeeca0afaf60be3f19e9e2eb0860a1717aea5c3b5fd2

Summary:

  • Net income (before fair value adjustments) for the first nine months of 2025 fell 6% year-on-year to Rp24.7 trillion; including adjustments, declined 5% to Rp24.5 trillion.

  • Group net revenue totaled Rp243.6 trillion, 1% lower year-on-year.

  • Earnings per share (excluding adjustments) down 6% to Rp609; NAV per share up 6% to Rp5,609.

  • Heavy Equipment/Mining division profit fell 26% due to lower coal prices and rainfall; gold mining profit up 8% with sales and higher prices; automotive, financial services, agribusiness, and infrastructure posted growth.

  • Automotive net income up 1%, led by motorcycles and components despite car market share drop to 53% amid weak entry-level demand.

  • Financial services division net income up 8% on stronger consumer financing and insurance.

  • Agribusiness profit surged 34% on 14% higher CPO prices and increased volume.

  • Major corporate actions: Rp2 trillion Astra share buyback, new gold mining and logistics property acquisitions, expanded healthcare investment.

  • Management remains focused on financial discipline, operational excellence, and leveraging strong balance sheet for future growth.

  1. https://links.sgx.com/FileOpen/Astra_2025_09_30%20Results%20Release.ashx?App=Announcement&FileID=865663