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Coal Average Selling Price Increase During the 1H22 period, ASII posted a revenue increase of 34% YoY to IDR143.7 trillion; supported by main business lines such as Automotive, Heavy Equipment & Mining, and Agribusiness. Sales of four-wheeled vehicles in 1H22 recovered significantly to near pre-pandemic levels; with market share rising to 54% YoY (Vs. 1H21 53% YoY). NHKSI Research sees that the continuously high commodity prices will continue to support ASII’s performance in FY22. Asset Growth During the 1H22 period, ASII posted a revenue increase of 34% YoY to IDR143.7 trillion; supported by main business lines such as Automotive, Heavy Equipment & Mining, and Agribusiness. |
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