Net income jumped 16 percent to Rp188.1 trillion from Rp162.6 trillion, PT Astra International President Director Prijono Sugiarto said in a press statement released on Thursday.
"Grup Astra`s good performance was particularly fueled by high car sales. The declining demand for heavy-duty equipment triggered by low price of coal and the drop in CPO prices although its production was on the increase had an impact on the company`s profit," he said.
Yet, the company`s business prospects remained good despite unstable coal and CPO prices, he said.
He said net profit per share also increased 9 percent to Rp480 from Rp439 previously. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2013
