JAKARTA (Yosefardi) – Serasi Autoraya, a car rental and used car sales company and member of Astra Group, booked net profit of Rp210.9 billion in 2013, dropped 32.5% from Rp311.13 billion in 2012.
Net revenue only increased 4% to Rp6.61 trillion from previous Rp6.34 trillion while cost of revenue rose 8.6% to Rp5.26 trillion from earlier Rp4.85 trillion.
Rental of vehicles segment contributed revenue of Rp3 trillion and sales of used vehicles contributed revenue of Rp2.59 trillion. Gross profit was Rp1.34 trillion, lower than Rp1.49 trillion in 2012.
Its assets totaled Rp7.83 trillion while liability amounted Rp5.87 trillion. It has cash and cash equivalent of Rp278.22 billion.