PT Astra International (ASII) Q2 2025 earnings summary

Executive summary

• Diversified portfolio spans automotive, financial services, heavy equipment, agribusiness, infrastructure, IT, and property, with ongoing expansion into new business areas for long-term growth.

• Net revenue for the six months ended 30 June 2025 reached Rp162,857 billion, up 1.8% year-over-year, with profit for the period at Rp19,481 billion, down 4.6% from the prior year.

• Strategic acquisitions and partnerships in used cars, geothermal energy, and logistics property to strengthen market position.

• Profit attributable to owners was Rp15,515 billion, with basic and diluted EPS at Rp383, compared to Rp392 in the prior year.

• Total assets increased to Rp487,794 billion as of 30 June 2025, with total equity at Rp278,754 billion.

Financial highlights

• Net revenue rose 2% year-over-year to Rp162,857bn for 1H25.

• Net income before fair value adjustments fell 4% to Rp15,999bn; after adjustments, net income declined 2% to Rp15,515bn.

• Earnings per share down 4% to Rp395 (excluding fair value adjustments); reported EPS at Rp383.

• Operating profit decreased 8% year-over-year.

• Gross profit was Rp34,833 billion, slightly down from Rp35,600 billion year-over-year.

Outlook and guidance

• Transition strategy focuses on synergies, expansion into renewables, digital infrastructure, and healthcare.

• Emphasis on leveraging Indonesia’s growing demand for industrial and logistics infrastructure.

• The group continues to pursue strategic expansion, including a planned acquisition of an 83.7% stake in PT Mega Manunggal Property Tbk to strengthen its property segment.

• Management is assessing the impact of new tax regulations (PMK-136) effective from 2025.