- Automotive: AISI optimistic motorcycle sales will reach 6.4M units in 2024
The Indonesian Motorcycle Industry Association (AISI) is optimistic that it can achieve its sales target of up to 6.5M units in 2024. Based on data compiled by AISI, motorbike sales reached 4,343,781 units in 8M24, grew 3.1% compared to 4,211,737 units in 8M23. To achieve its target, the Indonesia Motorcycle Show (IMOS) 2024 exhibition will be held at ICE BSD City, Tangerang, on 30 October-3 November. AISI hopes that the exhibition can boost motorbike sales in the country. (IDX Channel) - AUTO to distribute IDR 274.72B interim dividend
Astra Otoparts (AUTO) intends to distribute interim dividends for FY24. The total AUTO interim dividends paid will reach IDR 274.72B, equivalent to 27.1% of AUTO’s 1H24 net profit, which reached IDR 1.01T. AUTO will distribute an interim dividend of IDR 57 per share. With AUTO’s last closing price at IDR 2,360 per share, the dividend yield was 2.41%. The cum dividend date is on 14 Oct 24, while the dividend will be paid on 24 Oct 24. (Kontan)