JAKARTA (Yosefardi) – PT Mandiri Tunas Finance (TUFI), subsidiary of PT Bank Mandiri Tbk (BMRI), booked net profit of Rp154 billion in the first half of 2015, grew by 35% from Rp113.30 billion in the corresponding period of 2014.
Revenue rose 29.14 to Rp919.44 billion from previous Rp1.16 trillion. It booked outstanding financing of Rp23.61 trillion, grew by 28.04%, while new booking increased 9.34% to Rp7.84 trillion from earlier Rp7.17 trillion.
Joint financing with BMRI accounted for Rp15.9 trillion. Non performing financing (NPF) was 1.1%. TUFI targets to book financing of Rp1.5 trillion per month during the second half of this year.