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What smart money is saying about Adi Sarana ArmadaIndonesia flag

ASSA.JK · Industrials · Rental & Leasing Services · Market cap $437M

1 fund in our archive has pitched Adi Sarana Armada — most recently Ross Van Compernolle in December 2024.

Company profile

PT Adi Sarana Armada Tbk operates as a transportation service company in Indonesia. The company provides rental business services; leasing services without option rights for car, bus, and truck, as well as land transportation not four or more wheeled vehicles; freight transportation of goods such as truck, pick up, and container; and transportation consulting services. It also engages in car trading and car repair business. In addition, the company provides driver services, used vehicle trade through online and offline, parcel delivery services, car sharing, freight forwarding services, and logistics management and warehousing services; and management and consulting services. PT Adi Sarana Armada Tbk was founded in 1999 and is headquartered in North Jakarta, Indonesia.

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Fund coverage · 1 thesis

  • Ross Van Compernolle
    December 2024

    Adi Sarana Armada (ASSA IJ) is well-positioned to capitalize on Indonesia's growing FMCG logistics market, benefiting from diversified revenue streams and strong profitability despite challenges in the automotive sector.

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