Astra International

Topics: Jardine Matheson Group, Toyota, Astra International Pages: 3 (635 words) Published: May 8, 2013
PT Astra International, Tbk.
TypeOperating Holding Company / Public IDX: ASII
Founder(s)Tjia Kian Tie and William Soeryadjaya
HeadquartersJakarta, Indonesia
Key peoplePrijono Sugiarto, CEO
Revenue Rp 188,100 billion (2012)
Net income Rp 19,400 billion (2012)
Owner(s)Jardine Matheson

This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. Please help to improve this article by introducing more precise citations. (April 2009) Astra International was founded in 1957, based on a small trading business operated by brothers Tjia Kian Tie and William Soeryadjaya. The family had begun its trading activities by the 1940s, initially operated as a distributor of fruit juices and other agricultural and grocery goods, before adding a small export business as well. Now Astra has become one of Indonesia's largest diversified conglomerates in Indonesia. Over the years Astra has grown and become the largest automotive distributor and producer in Indonesia partnering with Japanese automakers such as Toyota, Daihatsu and Isuzu. Astra has expanded its business lines not only in automotive related businesses and now has six core businesses: Automotive, Financial Services, Heavy Equipment, Agribusiness, Information Technology and Infrastructure. A number of strategic alliances with leading global players in various industries has been established. At year-end 2007, Astra Group had a workforce of 180,000 people, spread across 160 subsidiaries. Astra International, or the Astra Group, is majority owned by Jardine Cycle & Carriage of Singapore which in turn is majority owned by the Jardine Matheson Group. The company's operations have long centered around its core automotive manufacturing and distribution business, which remains its largest division, at nearly 52% of total sales of IDR 188 trillion ($19.7 billion) in 2012. The opening of Indonesia's import market at the dawn of the...
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