Astra International's Profits Soar in 2022, Reaching a New Record High

Market

Lite

Adi Ahdiat 28/03/2023 16:30 WIB

URL has been copied

Memuat...

PT Astra International Tbk (ASII) reported a net profit of Rp28.9 trillion in 2022. This achievement represents a 43% year-on-year (yoy) increase and is the highest in the last five years.

Net Profit of PT Astra International Tbk (2018-2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Astra International's Profits Soar in 2022, Reaching a New Record High

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Net Profit of PT Astra International Tbk (2018-2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

PT Astra International Tbk (ASII) reported a net profit of Rp28.9 trillion in 2022, a 43% increase year-on-year (yoy).

This achievement is also the highest record in the last five years, as shown in the graph.

This surge in ASII's profit was mainly supported by consolidated net revenue, which increased by 29% (yoy) to Rp301.4 trillion.

"The Group recorded its highest performance achievement in 2022, reflecting a strong economic recovery and high commodity prices," said Astra International President Director Djony Bunarto Tjondro in a press release (27/2/2023).

"The Group is well-positioned to achieve long-term growth by continuing the evolution of its business portfolio and significant capital investments to support the Group's strategic priorities," he added.

This year, ASII will hold its Annual General Meeting of Shareholders (RUPST) on April 19, 2023, with one of the agendas related to dividend distribution plans.

Based on the Indonesian Stock Exchange's disclosure on Monday (13/3/2023), ASII management proposed a final dividend of Rp552 per share, up from Rp194 per share in 2021.

Furthermore, the proposed interim dividend in 2022 was Rp88 per share, also higher than Rp45 per share in 2021.

Thus, the total dividend for 2022 to be proposed in the RUPST will be Rp640 per share, with a dividend payout ratio of 85% of net profit.

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."