Pt Adi Sarana Armada Tbk Reports Earnings Results for the Nine Months Ended September 30, 2019
October 22, 2019 at 03:39 pm EDT
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PT Adi Sarana Armada Tbk announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was IDR 1,670,890.000 million compared to IDR 1,355,340.000 million a year ago. Operating income was IDR 268,363.000 million compared to IDR 263,402.000 million a year ago. Net income was IDR 87,801.795 million compared to IDR 106,394.000 million a year ago. Basic earnings per share was IDR 25.84 compared to IDR 31.32 a year ago.
PT Adi Sarana Armada Tbk is an Indonesia-based transportation service company. The Company provides corporate car rental and transportation solutions, logistics, driver services, automotive auction, car sharing, online vehicle trading and parcel delivery services. The Company operates through six segments: Vehicle lease, Auto pool and driver; Sale of used vehicle; Logistics; Express; Auction, and Others. The Companyâs line of business includes ASSA Rent, ASSA Logistics, ASSA Driver Services, JBA Indonesia, Share Car, Caroline, and AnterAja. Through Assa Rent, the Company offers vehicle rental services consisting of various types of duration, both short and long term, for personal and family affairs. Its ASSA Logistics provides logistics transportation services, ranging from rental of box cars, trucks, blind vans, and others with a well-managed distribution management specialty. Its ASSA Driver Services, which provides professional, reliable, and trained drivers.
PT ADI SARANA ARMADA TBK 
