Astra's Net Profit Soars 108% in the First Half of 2022

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Reza Pahlevi 29/07/2022 12:40 WIB

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Astra International Tbk reported increased revenue and net profit for the first half of 2022.

Astra's Revenue and Net Profit for the First Semester (2021-2022)

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Astra's Net Profit Soars 108% in the First Half of 2022

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Astra's Revenue and Net Profit for the First Semester (2021-2022)

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PT Astra International Tbk, a conglomerate, recorded revenue of Rp143.69 trillion in the first half of 2022.

This revenue increased by 33.8% year-on-year (YoY). In the same period last year, Astra recorded revenue of Rp107.39 trillion.

The company's net profit also surged by 108% (YoY) to Rp18.2 trillion. Previously, the company, with the stock code ASII, recorded a net profit of Rp8.8 trillion in the first half of 2021.

The heavy equipment, mining, construction, and energy sector recorded the largest net profit for Astra, contributing Rp6.19 trillion in the first half of 2022.

The automotive sector ranked second with a contribution of Rp4.27 trillion, followed by the financial services sector with Rp2.9 trillion.

In addition, Astra also recorded a net profit of Rp3.7 trillion from investment gains in GoTo.

(Also Read: Astra and WeLab Dominate Jakarta's Bank Jasa, Here's Their Share Ownership)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."