PT Astra International Tbk. (ASII) recorded a 2.2% YoY increase in net revenue (IDR 246.3 trillion vs IDR 240.9 trillion) for the period 9M24. The company also recorded a 0.4% YoY rise in net income (IDR 25.85 trillion vs IDR 25.69 trillion) before FV adjustments on investments in GoTo and Hermina. Despite not being strong growth figures, ASII’s numbers show that the company can maintain a stable performance despite a weak domestic wholesale car market.
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