PT Indomobil Sukses Internasional Tbk Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
April 30, 2018 at 12:52 pm
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PT Indomobil Sukses Internasional Tbk announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net revenues of IDR 4,225,620,650,576 against IDR 3,745,172,343,947 a year ago. Operating income was IDR 297,175,135,306 against IDR 191,048,956,760 a year ago. Income before final tax and income tax expense was IDR 138,525,967,061 against loss of IDR 104,650,445,851 a year ago. Income before income tax expense was IDR 134,648,746,990 against loss of IDR 109,891,822,214 a year ago. Income for the period attributable to equity holders of the parent entity was IDR 60,235,582,467 or IDR 21.78 basic per share against loss of IDR 165,748,392,639 or IDR 59.94 basic per share a year ago. Net cash used in operating activities was IDR 811,915,670,084 against IDR 671,825,872,484 a year ago. Acquisition of fixed assets was IDR 523,566,276,262 against IDR 335,855,111,696 a year ago.
PT Indomobil Sukses Internasional Tbk is an Indonesia-based company, which is engaged in the automotive industry. The Company's business segments include Automobiles, Spare Parts, Financial Services, Car Rental and logistics, Services, Fuels and Lubricants, Contractor Services, Manufacturing and Others. The main business fields of the Company and its subsidiaries include brand licensees, vehicle sales distribution, after-sales services, motor vehicle financing services, spare parts distributors, motor vehicle assembly, automotive component manufacturing, and other supporting business groups. The Company and its subsidiaries are engaged in assembling and distribution of automobiles, buses, trucks, and heavy equipment, which, include the brand names of Suzuki, Nissan, Datsun, Volvo, Volkswagen (VW), SsangYong, AUDI, KIA, Hino, Renault, Manitou, GEHL, Kalmar, Mantsinen, John Deere, Foton, Great Wall, SDLG, HIAB, TEL Equipment and Bandit and/or motorcycles and their related components.