JAKARTA - PT Astra Otoparts Tbk (AUTO) managed to record a net profit of IDR 2.03 trillion in 2024, up 10.36% yoy, or compared to the previous year, of IDR 1.84 trillion.

Based on its Financial Statements as of December 2024, AUTO recorded revenue growth of Rp19.07 trillion, up 2.25% yoy compared to Rp18.65 trillion in 2023.

Meanwhile, AUTO's cost of revenue increased by 2.76% yoy, reaching IDR 16 trillion from IDR 15.57 trillion in 2023, while its gross profit margin was recorded at 16.06%, down from the gross profit margin in 2023 of 16.51%.

However, AUTO's profit before income tax increased by 7.79% yoy to IDR 2.49 trillion from IDR 2.31 trillion. This increase was driven by the contribution of net profit from associates and joint ventures which rose 9.47% yoy to IDR 1.04 trillion from IDR 948.15 billion. (DH/LK/LM)