In Indonesia, Astra reported a decrease in underlying profit for the 9MFY2025 ended Sept 30, excluding fair value adjustments from its equity investments. The weaker Indonesian Rupiah also impacted Astra’s contributions.
Jardine Cycle & Carriage (JC&C) expects the full-year underlying profit to be “broadly similar to the previous year”, it says in its interim management statement for the third quarter of 2025.
The group said in the first nine months of the year, improvements were made in several of its non-Astra businesses, in addition to favorable translation gains on corporate loans.
