JAKARTA: PT Astra International Tbk, Indonesias giant automotive company, posted net income of IDR8.59 trillion in the first half of 2011, rose 33.37% compared to the same period last year.
It recorded earnings per share of IDR2,121 from IDR1,591 a year earlier.Revenue rose to IDR76.26 trillion, up 23.99% year over year.Sales contributed 76.52% to the total revenue while 16% was attributed by services and rental. The remaining of the revenue came from financial services.Operating income jumped 26.51% to IDR8.44 trillion. Its operating margin grew from 10.84% to 11.06%.According to data compiled by Bloomberg, twenty analysts had a consensus revenue estimate of IDR149.76 trillion for this year, whilst twenty-one analysts estimated that the companys net income would reach IDR16.40 trillion.The ASII-coded stock declined 1.74% or IDR1,250 to IDR70,500 as of 11.19 a.m. in Jakarta trading. (msw)
