PT Indomobil Sukses Internasional Tbk Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016
August 01, 2016 at 01:27 pm EDT
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PT Indomobil Sukses Internasional Tbk announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the six months, the company reported net revenues of IDR 8,001,113,854,630 against IDR 9,387,166,284,711 in the same period of last year. Operating income was IDR 295,890,881,789 against IDR 462,787,427,802 in the same period of last year. Loss before income tax expense was IDR 76,678,815,291 against income of IDR 66,739,195,162 in the same period of last year. Net loss attributable to equity holders of the parent company was IDR 93,141,054,043 or IDR 33.68 basic per basic share against IDR 69,646,207,806 or IDR 25.19 basic per share in the same period of last year. Net cash provided by operating activities was IDR 9,643,780,886 against net cash flow used in operating activities of IDR 423,543,780,738 in the same period of last year. Acquisition of fixed assets was IDR 358,372,083,901 against IDR 371,336,635,425 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.