Do you know that Astra have had standby loan as much as $525 millions Dollar from some International Banks but in fact they have not used them until now. Not a long time ago they loaned as much as $380 millions Dollar but they had paid them because their cashflow was so strong.
Why do they still exist without using the loan they have? The only reason why they do still exist is because their cashflow is so strong. Prime director of Astra, Prijono Sugiarto said that They will not ever use the loan if there is no urgent interest. Good management and control make Astra receive high net profit last year as much as 14.366 billions Rupiah. With such income, they won’t even need to use the loan thay have.
I just wonder how they great they are
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