Shares of Astra International (ASII), the country’s largest automotive company, ended only higher by 0.87% to Rp5,800 on Monday (Feb 27) despite strong performance last year. Astra booked a net profit of Rp28.94 trillion in 2022, grew 45% year on year (y/y), including the fair value gain on its investment in GoTo Gojek Tokopedia (GOTO) and Hermina Hospital (HEAL).

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