Mandiri’s $731m Profit Revealed by Bank Indonesia
March 11, 2010
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Mandiri’s $731m Profit Revealed by Central Bank
PT Bank Mandiri’s profit rose 26 percent to Rp 6.72 trillion ($731 million) last year, according to a statement posted on the central bank’s Web site on Thursday. Net interest income for the period rose 32 percent Rp 15.75 trillion.
When asked to confirm the results, Sukoriyanto Saputro, corporate secretary of Mandiri, declined. He said the lender, Indonesia’s largest by assets, would officially report annual earnings for 2009 next week.
Shares of Mandiri, which have risen 2.13 percent this year, rose 2.7 percent to close at Rp 4,800.
The lender posted a profit of Rp 5.31 trillion and net interest income of Rp 11.9 trillion in 2008.
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