PT Indomobil Sukses Internasional Tbk Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
March 29, 2018 at 06:14 am EDT
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PT Indomobil Sukses Internasional Tbk announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported net revenues of IDR 15,359,437,288,256 against IDR 15,049,532,331,662 in the same period of last year. Operating income was IDR 1,374,459,456,091 against IDR 572,886,939,173 in the same period of last year. Loss before income tax expense was IDR 117,560,110,761 against loss before income tax expense of IDR 247,734,763,943 in the same period of last year. Loss for the year attributable to equity holders of the parent company was IDR 109,626,741,798 or IDR 39.64 basic per share against IDR 289,419,917,738 or IDR 104.66 basic per share in the same period of last year. Net cash used in operating activities was IDR 601,612,476,031 against net cash flow from operating activities of IDR 118,811,023,397 in the same period of last year. Acquisition of fixed assets was IDR 1,322,744,541,210 against IDR 830,640,317,073 in the same period of last year.
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.