Jakarta. Conglomerate Astra International (ASII) reported a slight decline in earnings in 2025 as weaker coal prices and sluggish new car sales weighed on performance, although gains in several other businesses helped cushion the impact.

Astra posted consolidated net revenue of Rp 323.4 trillion ($19.27 billion) in 2025, down 2% from 2024.

The company recorded a net profit of Rp 32.8 trillion, a 3% decline compared with the previous year. The drop was mainly driven by lower contributions from its mining services and coal mining businesses, as well as weaker performance in the new car segment.

However, the decline was partly offset by stronger results from Astra’s gold mining, financial services, and motorcycle businesses, the company said.

President Director Djony Bunarto Tjondro said the group’s earnings were pressured by external factors but remained resilient overall.

“Group profit declined in 2025 mainly due to lower coal prices and the weaker new car market. However, the group’s business performance remained resilient, supported by solid contributions from several other segments,” Djony said in an official statement on Friday.

Looking ahead, he said Astra expects consumer sentiment to gradually improve despite ongoing operational challenges in some sectors.

“Astra will continue focusing on operational excellence and disciplined capital allocation, leveraging its strong balance sheet to support sustainable value creation for stakeholders,” he said.

By segment, Astra’s automotive and mobility division recorded net profit of Rp 11.37 trillion in 2025, slightly lower than Rp 11.40 trillion in 2024.

The financial services division saw profit rise to Rp 8.95 trillion from Rp 8.20 trillion a year earlier. Meanwhile, profit from the heavy equipment, mining, construction and energy division fell sharply to Rp 9.10 trillion, compared with Rp 12.00 trillion in 2024, reflecting softer coal prices. Other divisions posted gains. Agribusiness profit rose to Rp 1.17 trillion from Rp 914 billion, while infrastructure increased to Rp 1.26 trillion from Rp 1.01 trillion.

The information technology division recorded Rp 208 billion in profit, up from Rp 156 billion, while the property division jumped to Rp 719 billion, compared with Rp 222 billion the previous year.

As of Feb. 27, 2.17 p.m local time, the price per share of ASII stood at Rp 6,650, dropped  75 points or 1.12%, with a market cap of Rp 269.22 trillion.

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