Mitra Pinasthika Mustika (MPMX), a distributor of Honda motorcycles, booked a net profit of Rp133 billion in 2020. It’s a 71% drop from the Rp466 billion profit made in 2019. The Company recorded an Rp118.5 billion share of loss of associates, compared to an Rp7.2 billion gain in 2019. MPMX’s revenue fell 31% to Rp11.2 trillion. Finance income also declined 27% to Rp119 billion.
To subscribe please click here
