PT Astra International Tbk [ASII] made
consolidative income up to Rp 193.9 trillion in 2013, an increase of 3% against
that of 2012. By that income, ASII made net income of Rp19.4 trillion with net
profit per share of Rp 480 per share in
2013.
“The company made satisfactory
performance in 2013 although some business division faced challenging
condition. Business prospect in 2014 was predictably still good although
competition in the market was still high and price of coal was still
weak.” President Director of PT Astra
International Tbk, Prijono Sugiarto stated in his press release received by Business
News on Thursday [27/2].
Meanwhile increase of benchmark and
rupiah volability must be watched on. Prijono remarked further that the company
would continue to make expansion and business diversification by exploring
potential new business lines in line
with Astra’s philosophy, and maximizing synergy within Astra Group.
After taking new initiatives in 2013,
such as launching of Low Cost Green Car acquisition of Wheel Rim company by
Astra Otoparts; also development of property project for office buildings and
apartments in Jakarta, besides, in January 2014 ASII had also announced joint
agreement Avia plc for setting up a joint venture company in life insurance
business.
Today, Astra Group activities would
focus attention on 2 core business, i.e. Automotive. Financial Service, Heavy
Equipment and Mining, Infra Structure and Logistics, and Information
Technology. In the Automotive Division, the net profit made was 4% to become
Rp9.8 trillion.
Through 2013 demand for automotive
mained high, but heightening competition happening due to increasing domestic
capacity and high cost of labor, had slightly affected contribution f net
profit from the motorcar division. The component industry group also posted
sales volume, but in terms of net profit was posting downturn due to increase
of raw material cost and labor cost which could not be fully burdened on
customers.
However it was disclosed that the
Motorcycle Division posted increase in net profit contribution due to
increasing demand and increasing market share. Meanwhile sales of Honda
motorcycles produced by PT Astra Honda Motor [AHM] increased to become 4.7
million units with increased market share from 58% to become 61%.
Meanwhile the Heavy Equipment Division, Prijono
said, posted downturn of 15% in net profit to become Rp3 trillion. In this
division Astra had PT United Tractors Tbk [UT] whose 59.5% of shares were owned
by the company. UT reported downturn of net income of 9% while net profit
dropped by 16% to become Rp4.8 trillion. ASII planned to forward final dividend
for 2013 amounting to Rp 152 per share. The dividend according to Chief of
Corporate Communication ASII Pongky Pamungkas would be proposed at the
Extraordinary Shareholders Meeting [RUPS] to be held next April. If soon the
proposal for dividend was approved by shareholders in RUPS plus interim
dividend of Rp 64 per share, the total dividend for 2013 which would be
distributed was posted to be the same as 2012, i.e. Rp 216 per shares. (SS)
Business New - March 5, 2014
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