JAKARTA (Yosefardi) – PT Buana Finance Tbk (BBLD) booked net profit of Rp135.67 billion in 2013, declined 10% from Rp150.13 billion in 2012.
Revenue increased 6.3% to Rp627.36 billion from previous Rp590.6 billion. Income from finance lease totaled Rp482 billion while income from consumer financing reached Rp105.05 billion.
However total expenses rose 14% to Rp446.19 billion from Rp390.08 billion in 2012. Financing costs increased to Rp269.34 billion from earlier Rp243.18 billion. Its assets grew by 7.9% to Rp3.8 trillion while liability rose 7.5% to Rp2.67 trillion.