Astra International - KTA from Call with the CFO
ASII retains its confidence in hybrid 4W expansion, given the current needs and infrastructure availability in Indonesia.
233 Views
Astra International - Lowering FY24-25F Est. And TP Amid Weaker Auto Sales Outlook
4M24 2W sales reached 2.1m units (-1% yoy; inline), while 4W wholesales remained weak at 263k units (-23% yoy, below our f’cast)
211 Views
Astra International (ASII) - 1Q24 Preview: Possible Decent Headline Figures
We expect consolidated 1Q24E revenue and NP of ~Rp76-77t/~Rp8.5- 8.6t, hence possible inline revenue but earnings ahead vs seasonality. Despite...
322 Views
Astra International - Pinning Hopes on Lebaran and New Models
ASII expects to launch new PHEV/BEV in the next 2 years. In 2024, ASII is looking to launch Avanza/Rush HEV, which should improve 4W sales
505 Views
Astra International (ASII) - Hybrid Incentive Are Off for Now
Hybrid subsides, however, are not inline with the government’s goal. This puts ASII at a disadvantage. Reiterate HOLD rating on ASII
354 Views