JAKARTA – PT Wahana Ottomitra Multiartha Tbk (WOMF) or WOM Finance posted revenue growth of 7.89% year-on-year (yoy) in 2022, followed by massive increase of 79.53% yoy in its profit.

According to the 2022 Financial Report quoted Wednesday (22/2), Djaja Suryanto Sutandar, President Director of WOM Finance revealed that its total revenue clocked up to IDR 1.69 trillion, shifting from IDR 1.57 trillion in 2021. Meanwhile, its current year’s profit also grew from IDR 110.06 billion to IDR 197.60 billion.

The consumer financing segment reportedly decreased from IDR 4.05 trillion in 2021 to IDR 3.54 trillion in 2022, while the working capital financing segment shrank from IDR 240.15 billion to IDR 186.04 billion. On the other hand, the lease financing segment proliferated from IDR 124.11 billion to IDR 1.13 trillion. (LK/ZH)