Astra International
Astra International is an Indonesian conglomerate controlled by Jardine Matheson. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.
Formerly | PT Astra International, Inc. (until the 90s) |
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Company type | Holding company |
Traded as | IDX: ASII |
Industry | Conglomerate |
Founded | 1957 |
Founder | Tjia Kian Tie William Soeryadjaya (Tjia Kian Liong) E. Hardiman (Liem Peng Hong) |
Headquarters | Menara Astra, Central Jakarta, Jakarta, Indonesia |
Key people | Djony Bunarto Tjondro (CEO), Prijono Sugiarto (President Commissioner) |
Products | Automotive, financial services, heavy equipment, agribusiness, information technology, infrastructure |
Revenue | US$17 billion (2018) |
Net income | US$ 1.5 billion (2018) |
Total assets | US$ 24.6 billion (2018) |
Total equity | US$ 12 billion (2018) |
Owner | Jardine Cycle & Carriage (50.11%) (Jardine Matheson) |
Number of employees | 214,835 (2016) |
Subsidiaries | List
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Website | www.astra.co.id |
It is Southeast Asia's largest independent automotive group. Operating predominantly in Indonesia, it is a provider of a full range of automobile and motorcycle products in partnerships with companies which include Toyota, Daihatsu, Isuzu, UD Trucks, Peugeot and BMW for automobiles, and Honda for motorcycles. Astra also has a strong presence in the automotive component sector through its subsidiary PT Astra Otoparts Tbk.
In addition, Astra has interests in financial services; heavy equipment and mining; agribusiness; infrastructure and logistics; and information technology. In financial services, Astra's businesses provide financial products and services to support its automotive and heavy equipment sales. The group was also involved in retail banking through a stake in PT Bank Permata Tbk until the late 2010s. In 2019, Astra invested US$150 million in application-based, on-demand service Gojek.