BBLD - PT. Buana Finance Tbk

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JAKARTA - PT Buana Finance Tbk (BBLD) successfully booked revenue and current profit growth in the first half of 2023 compared to the same period last year.

Based on H1 2023 Financial Report quoted Wednesday (13/9), this issuer reportedly posted current year’s profit of IDR 48.20 billion, proliferating 117.21% from IDR 22.19 billion reported in the same period last year. This achievement is made possible by revenue that also grew from IDR 284.08 billion to IDR 338.51 billion.

The revenue came from consumer financing segment of IDR 209.72 billion, followed by leasing segment that generated IDR 72.26 billion, interest and fines of IDR 27.38 billion, factoring segment of IDR 594 million, and other sources of IDR 28.55 billion.

In the first half of 2022, consumer financing only contributed IDR 171.73 billion to the revenue, followed by leasing segment of IDR 64.21 billion, interest and fines of IDR 18.69 billion, factoring segment of IDR 66 million, and others of IDR 28.38 billion. (LK/ZH)