WOM Earnings Soar 193% On Reduced Lending Costs
February 11, 2010
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Motorcycle financing company PT Wahana Ottomitra Multiartha said its 2009 net profit rose by 193 percent to Rp 60.7 billion ($6.5 million), compared with Rp 20.7 billion in 2008, as its financing costs declined.
The company said its lending costs fell to Rp 352 billion in 2009, compared with Rp 494 billion in 2008, as retail banks lowered interest rates in line with the central bank.
WOM also cut it provision for bad vehicle loans to Rp 187 billion from Rp 276 billion in 2008.
JG
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7:40pm | Shocking Images Show Animal Cr...
I can definitely tell you that in Islam we do not discriminate animals based on their habit or size. All animals should be loved and not unnecessar -
7:18pm | Malaysian Police Detain Saudi ...
Is that something that interpol do ? Do they have to follow certain guideline on what can be classified as a crime ? -
7:13pm | Shocking Images Show Animal Cr...
Sorry Bawel, my brother... What do you do with Eid Al Adha? Slice (or watch the slicing of) the throat of the goat and let i -
6:48pm | Malaysian Police Detain Saudi ...
vanu - i suspect if the said deity existed he/she would not want his followers to kill people, and yet they do and he/she says nothing... draw your -
6:28pm | Opening Eyes to Tolerance Via ...
agoz - methinks the lady doth protest too much. Suggest you watch 'The Kite Runner' - your type of film buddy. -
6:23pm | Indonesia Partners Catholic Ch...
Church cleric abuse children for decades? It doesn't mean that Catholicism is bad right? Seriously. Or may be the side effect of c -
6:21pm | Concerned for Orangutans in In...
waky - sorry, but what is your argument - that anything can be sacrificed to sustain human existance. If this is what you are saying I totally disa -
6:09pm | Shocking Images Show Animal Cr...
I believe it's a bad deed of some persons which doesn't represent the whole society. The same case in Indonesia. Torturing animal is a sin .
