JAKARTA (Yosefardi) – State pawnshop operator PT Pegadaian (Persero) reported net profit of Rp718.97 billion in first half of 2013, declined 23% from Rp929.07 billion in the same period of last year.

Operating revenues increased to Rp4.08 trillion from previous Rp3.84 trillion but operating expenses rose to Rp3.16 trillion from Rp2.58 trillion a year earlier.

Its assets totaled Rp33.21 trillion while liability amounted Rp27.88 trillion.