Astra International stock absorbs mining drag as core profit holds

Astra International reported a resilient operating performance for the first nine months of 2026, although reported profit declined because of non-recurring charges. Investortrust reported the figures on Thursday, October 29, citing the company's results for the January-to-September period.

Attributable net profit fell to IDR 21.6 trillion from IDR 24.47 trillion a year earlier. The decline reflected IDR 2.96 trillion in impairment and fair-value adjustments, compared with IDR 244 billion in the prior-year period. Excluding those items, underlying net income was broadly stable at IDR 24.6 trillion, while core earnings per share increased 1 percent to IDR 616.

Automotive And Finance Provide Support

Consolidated revenue was nearly unchanged at IDR 243.87 trillion. Automotive earnings rose 8 percent to IDR 9.79 trillion, supported by higher vehicle sales and a 49 percent domestic four-wheeler market share.

Financial services earnings increased 6 percent to IDR 7.15 trillion. Consumer financing receivables rose 6 percent from December 2025, while new financing originations increased 8 percent. The figures give Astra a counterweight to weaker industrial and mining activity.

Mining Remains The Main Drag

The mining contracting and heavy-equipment division posted a 28 percent decline in underlying nine-month earnings to IDR 5.07 trillion. Gold production disruptions and lower coal volumes weighed on the segment, while Komatsu machinery deliveries also declined.

Management said performance improved in the third quarter as mining-contracting volumes increased and Martabe gold production recovered after its restart. That improvement could support the fourth quarter, but the segment remains the main operating risk in the current results picture.

The real-time quote of Astra International stock was 0.24 euros at Lang & Schwarz on Friday, October 30, 2026, at 09:17 Berlin time.

Indonesia's broader market environment remains relevant for Astra because automotive demand, consumer financing and commodity activity influence its diversified earnings base; see current market reports.

Investors will focus next on whether the third-quarter improvement in mining operations continues and whether automotive and financial services can sustain their contribution. More news and analyses on Astra International stock.