PT Indomobil Sukses Internasional Tbk Announces Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2017
November 31, 2017 at 08:14 pm EDT
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PT Indomobil Sukses Internasional Tbk announced unaudited consolidated earnings results for the nine months ended September 30, 2017. For the nine months, the company announced net revenues of IDR 11,362,364,310,756 compared to IDR 11,426,718,057,381 for the same period a year ago. Operating income was IDR 552,230,833,304 compared to IDR 352,120,062,672 for the same period a year ago. Loss before income tax expense was IDR 385,215,928,796 compared to IDR 224,096,018,182 for the same period a year ago. Loss for the period attributable to equity holders of the parent entity was IDR 519,098,963,069 compared to IDR 225,279,748,880 for the same period a year ago. Basic loss per share attributable to equity holders of the parent entity was IDR 187.72 compared to IDR 81.47 for the same period a year ago. Net cash used in operating activities was IDR 460,674,645,071 compared to IDR 1,134,725,266,103 for the same period a year ago. Acquisition of fixed assets was IDR 918,042,385,892 compared to IDR 585,476,231,873 for the same period 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.