PT Indomobil Sukses Internasional Tbk Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2016
February 27, 2017 at 01:37 pm EST
Share
PT Indomobil Sukses Internasional Tbk announced unaudited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported net revenues of IDR 15,097,569,486,140 against IDR 18,099,979,783,215 in the same period of last year. Operating income was IDR 578,371,179,630 against IDR 1,037,261,745,608 in the same period of last year. Loss before income tax expense was IDR 251,285,819,535 against income before income tax expense of IDR 183,306,856,528 in the same period of last year. Loss for the year attributable to equity holders of the parent company was IDR 295,648,348,787 or IDR 106.91 basic per share against IDR 45,726,385,458 or IDR 16.54 basic per share in the same period of last year. Net cash flow from operating activities was IDR 118,846,398,370 against IDR 793,372,435,545 in the same period of last year. Acquisition of fixed assets was IDR 830,640,317,073 against IDR 873,805,816,300 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.