CARS: Revenue and profit declined, with ongoing restructuring amid subsidiary capital risks

About this update from Pt Industri Dan Perdagangan Bintraco Dharma Tbk

Revenue and net profit declined year-over-year due to lower automotive sales, but the group improved its debt to equity ratio and increased cash reserves. Several subsidiaries face going concern risks, prompting management to focus on cost efficiency and restructuring.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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