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Astra Otoparts Wins Indonesia Top Companies Awards 2021

JAKARTA: PT Astra Otoparts Tbk (Astra Otoparts) won the Indonesia Top Companies Awards 2021 for the Automotive Parts sector. This award was given by Radio Republik Indonesia and Iconomics Research and Consulting virtually on Friday (25/6).

The Covid-19 pandemic has caused a global economic crisis. All business and economic activities in Indonesia were significantly affected. The Indonesia Top Companies Awards 2021 is an appreciation for the best companies in Indonesia in each sector listed on the Indonesia Stock Exchange who have performed well during the pandemic and have potential in the future.

To determine the best companies to be included in the 2021 Indonesia Top Companies Awards, the research team conducted research using quantitative research methods based on issuers' financial data for the past year, with the following general criteria:

  1. Publish annual reports and financial reports;
  2. Have a positive profit;
  3. Not currently facing serious legal problems or violating the law;
  4. Included in the strategic sector.

The Iconomics research team collected 3 companies with the highest assets in each sector which were then assessed using the Balanced Scorecard (BSC) approach consisting of parameters from Financial Perspective, Customer Perspective, Internal Process, and Learning & Growth. The company with the highest BSC Index then received the Indonesia Top Companies Award 2021.

"This award is a positive achievement for the hard work we have done to maintain the performance of PT Astra Otoparts Tbk in order to continue to provide the best to our stakeholders, in the midst of the automotive industry's performance which, as we know, has declined due to the Covid-19 pandemic," said Hamdhani Dzulkarnaen. Salim, President Director of Astra Otoparts in his victory speech.