ASII - Strengthening its 7 main business unit

Astra International (ASII) will continue to strengthened its 7 main business unit, whereas each of ASII’s revenue driver is expected to reached several target such as Automotive which targeted to maintain market share of 50%. (Source : Kontan). Comment : We believe its main business unit will continue to note as the biggest chunk of Astra revenue driver, while various diversification likely to become as future latent growth in our view. We expect 4W business will continue to dictate domestic landscape competition with around 54.9% of market share.