Automotive automotive trading issuer omnichannel for used car retail sales (Crypto.id), auction business (JBA) and pawn business (MotoGadai), PT Autopedia Sukses Lestari Tbk (ASLC) managed to book an increase in net profit in the third quarter of 2024 by 177 percent compared to the achievement in the same period last year (yoy).

It is known that the Company recorded a net profit of IDR 44.67 billion, a 177 percent yoy jump from the previous IDR 16.15 billion.

As of September this year, ASLC also managed to record a total revenue of IDR 618.18 billion, growing 36 percent from the revenue of the same period the previous year which amounted to IDR 453.50 billion.

Meanwhile, the JBA Auction Center recorded revenue growth of up to 43 percent or recorded at Rp201.40 billion. This number jumped from the same period from the previous year which was recorded at Rp140.57 billion.

The company's former car retail business unit, which uses the Caroline.id flag, recorded revenue of IDR 416.76 billion, an increase of 32 percent from the revenue of the same period the previous year which amounted to IDR 315.07 billion.

Meanwhile, MotoGadai, ASLC's start-up in the pawning business, has recorded revenue of IDR 2.38 billion, a 42-fold jump from the new third quarter of last year's revenue of IDR 57 million.

"Positive growth in all business segments shows how solid ASLC's overall performance is, we hope that the Company's business will continue to grow sustainably," said Autopedia Sukses President Director Lestari, Jany Candra, Tuesday, October 29.

Until the third quarter of 2024, ASLC through JBA was able to auction off around 92 thousand vehicles, an increase of 33 percent yoy. Meanwhile, sales of used cars through Caroline.id totaled 2,438 units, an increase of 18 percent yoy.


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