Flat growth Astra International

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Ossy
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Lid geworden op: di feb 25, 2014 5:09 am

Flat growth Astra International

Bericht door Ossy » vr feb 28, 2014 5:08 am

Astra International failed to stave off unfavorable domestic macroeconomic conditions, as the diversified conglomerate posted flat growth last year, dragged down by declining business in its subsidiaries.

According to a press release made available on Thursday, the publicly listed giant recorded a flat 4 percent year-on-year growth in consolidated revenue to Rp 193.9 trillion (US$16.6 billion) in 2013. Its consolidated profits remained unchanged from the previous year, standing at Rp 19.4 trillion.

In comparison, Astra booked 16 percent and 9 percent year-on-year increases in its consolidated revenue and net income respectively in 2012.


http://www.thejakartapost.com/news/2014 ... -2013.html

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