REG - Jardine Matheson Hdg - PT Astra 2025 Third Quarter Financial Statements

About this update from Jardine Cycle & Carriage Limited

RNS Number : 7097F Jardine Matheson Hldgs Ltd 31 October 2025 To: Business Editor 31 October 2025 For immediate releasePT Astra International Tbk 2025 Third Quarter Financial Statements The following announcement was issued today by the Company's 85%-owned subsidiary, Jardine Cycle & Carriage Limited, which holds 50.1% of PT Astra International Tbk.For further information, please contact:Jardine Matheson LimitedJonathan Lloyd (852) 2843 8223Brunswick Group LimitedBen Fry (65) 9017 988631st October 2025PT ASTRA INTERNATIONAL TBK (the "Company" or "Astra") 2025 THIRD QUARTER FINANCIAL STATEMENTS Highlights● Earnings per share down 6% to Rp609 (excluding fair value adjustments)● Overall results were impacted by lower coal prices partially offset by higher contributions in gold mining, financial services, agribusiness and infrastructure, while automotive performance was stable● Resilient market share in motorcycles in a relatively stable market, while car market share declined in a softer market reflecting weaker purchasing power in the entry-level segment● Astra and United Tractors announced separate share buyback programs for up to Rp2 trillion each, reflecting management's confidence in both companies' prospects and their ability to generate sustainable cash flows. These programs also support the government in maintaining stability of the capital market "The Group's earnings for the first nine months of 2025 were down mainly due to lower coal prices. Solid contribution from our other businesses helped to provide resilience and we expect the full-year results to remain broadly in line with current trends.We remain focused on maintaining financial discipline and operational excellence, while leveraging our strong balance sheet to capture growth opportunities and enhance shareholder value creation."Djony Bunarto TjondroPresident DirectorAstra group ("the Group") ResultsFor the period ended 30th September2025Rp bn2024Rp bnChange%Net revenue243,608246,329(1)Net income*+24,67426,186(6)Net income*24,47325,854(5)RpRpNet earnings per share*+609647(6)Net earnings per share*605639(5)As at 30th September 2025Rp bnAs at 31st December 2024**Rp bnChange%Shareholders' funds227,091213,6516RpRpNet asset value per share5,6095,2776* Profit attributable to owners of the parent+ Net income before fair value adjustments on investments in GoTo and Hermina** Restated due to implem...

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