JAKARTA - PT Adira Dinamika Multi Finance Tbk (ADMF) posted a 32.21% increase in profit for the year despite slumping revenue in 2022. This achievement was due to efficiency in total expenses to IDR 6.30 trillion from IDR 7.05 trillion.

In the 2022 Financial Report published Friday (10/2), total revenue was recorded at IDR 8.34 trillion, slumping 3.61% from IDR 8.65 trillion in 2021. Profit for the year was IDR 1.60 trillion, up from IDR 1.21 trillion.

Revenue for 2022 consists of IDR 5.37 trillion in consumer financing, IDR 1.19 trillion in murabaha margin, IDR 68.22 billion in finance leases, and IDR 1.70 trillion in others. In 2021, income from consumer financing is IDR 5.79 trillion, followed by a murabaha margin of IDR 862.09 billion, finance leases of IDR 31.62 billion, and others IDR 1.96 trillion.

Throughout 2022, Adira Finance distributed IDR 17.2 trillion in consumer financing, IDR 4.03 trillion in murabaha financing, and IDR 918 billion in finance leases. (LK/LM)