JAKARTA: Amid the dynamics of the automotive industry, PT Astra Otoparts Tbk (the “Company”) closed the first quarter of 2026 with resilient performance, supported by growth in both consolidated revenue and net profit.
The Company’s revenue in the first quarter of 2026 reached Rp5.3 trillion, an increase of 7.4% compared to Rp4.9 trillion in the same period last year. Net profit for the first quarter of 2026 amounted to Rp558.9 billion, representing a 10.6% increase compared to Rp505.6 billion in the same period last year.
This growth was driven by demand from both the aftermarket and original equipment manufacturer (OEM) segments, as well as stable export contributions. The Company’s performance in the first quarter of 2026 reflects its business resilience, supported by a diversified product portfolio and an extensive distribution network.
“The Company began 2026 with resilient performance amid the dynamics of the automotive industry. The growth recorded in the first quarter of 2026 reflects strong business fundamentals, supported by balanced contributions from both the manufacturing and trading segments, across domestic and export markets,” said President Director of Astra Otoparts, Yusak Kristian Solaeman.
From a balance sheet perspective, the Company’s total assets reached Rp23.6 trillion, an increase of 4.2% compared to Rp22.6 trillion in the same period last year. In line with this, equity also increased by 3.1% to Rp17.5 trillion, reflecting a solid financial structure to support operational needs and sustainable business expansion.
Manufacturing Segment Performance
The manufacturing segment recorded revenue of Rp2.7 trillion in the first quarter of 2026, an increase of 2.5% compared to Rp2.6 trillion in the same period last year. This growth was primarily driven by increased demand from OEM customers, particularly in the two-wheeler segment, as well as the strengthening of the Company’s product portfolio, contributing sustainably across both two-wheel and four-wheel segments.
In line with its long-term growth strategy, the Company continues to strengthen the development of electric vehicle (xEV) components, including both general parts and specific parts, as part of its efforts to respond to the transformation of the automotive industry. In addition to xEV components, the Company also produces electric vehicle charging equipment under the ALTRO brand.
The Company continues to drive business diversification into non-automotive sectors such as medical devices, heavy equipment components, and other industrial needs. This diversification is expected to strengthen the Company’s long-term business structure, making it more resilient in responding to ongoing market dynamics.
Trading Segment Performance
The trading segment recorded revenue of Rp2.6 trillion in the first quarter of 2026, an increase of 13.1% compared to Rp2.3 trillion in the same period last year. This growth was supported by strong domestic aftermarket demand, as well as the expansion of the Company’s distribution and retail network.
The growth in the trading segment during the first quarter was also driven by increased demand during the Eid holiday period in March 2026, which boosted vehicle servicing and component replacement activities for both two-wheel and four-wheel vehicles, ensuring readiness for homecoming and return journeys. This was accompanied by increased activity across workshop and retail networks in response to the surge in customer demand, thereby driving sales growth across the Company’s distribution network.
The trading segment performance is supported by a distribution network comprising 49 main dealers and 27 sales offices, serving more than 15,000 spare parts outlets across Indonesia. In addition, the Company continues to strengthen its modern retail outlets to serve end customers. As of the first quarter of 2026, the Company operates 659 modern retail outlets, consisting of 43 Astra Otoservice outlets, 7 Super Shop & Drive outlets, 410 Shop & Drive outlets, 90 Shop & Bike outlets, and 109 Motoquick outlets.
To expand market access, the Company has also developed the www.astraotoshop.com platform, serving both business-to-business (B2B) partners and business-to-consumer (B2C) customers. Through the B2C channel, customers can purchase products online and utilize the Company’s offline retail network for installation and replacement services.
In supporting the transition toward electrification, the Company also manages electric vehicle charging infrastructure through Astra Otopower, which as of the first quarter of 2026 operates 69 units across 59 locations in Indonesia, further strengthening the Company’s role in developing the national electric vehicle ecosystem.
Going forward, the Company remains committed to maintaining its growth momentum throughout 2026 by expanding its product portfolio, strengthening its distribution network and modern retail outlets, as well as expanding in both domestic and export markets.
For more information regarding Astra Otoparts and the Company’s performance report, please visit our official website at www.astra-otoparts.com
