PT Indomobil Sukses Internasional Tbk Reports Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2016
November 02, 2016 at 02:09 pm EDT
Share
PT Indomobil Sukses Internasional Tbk reported unaudited consolidated earnings results for the nine months ended September 30, 2016. For the nine months, the company reported operating income of IDR 352,120,062,672 against IDR 569,133,144,985 for the same period a year ago. Net revenues were IDR 11,426,718,057,381 against IDR 13,428,282,743,677 for the same period a year ago. Loss before income tax expense was IDR 224,096,018,182 against IDR 37,720,334,321 for the same period a year ago. Loss for the period attributable to equity holders of the parent entity was IDR 225,279,748,880 against IDR 189,098,517,736 for the same period a year ago. Basic loss per share attributable to equity holders of the parent entity was IDR 81.47 against IDR 68.38 for the same period a year ago. Net cash used in operating activities was IDR 1,110,274,298,365 against IDR 474,073,515,593 for the same period a year ago. Acquisition of fixed assets was IDR 585,476,231,873 against IDR 605,383,722,962 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.