JAKARTA – PT Adira Dinamika Multi Finance Tbk (ADMF) scored current year’s profit growth of 21.12% year-on-year (yoy) to IDR 1.94 trillion throughout 2023 from IDR 1.60 trillion recorded throughout 2022.

The 2023 Financial Report quoted today (15/2), this profit growth aligns with the revenue increase, primarily supported by consumer financing. Total revenue of Adira Finance reached IDR 9.50 trillion, up 13.99% yoy from IDR 8.34 trillion.

Consumer financing generated income of IDR 6.04 trillion, 12.43% yoy higher than IDR 5.37 trillion. The murabahah margin also shifted 24.01% yoy from IDR 1.19 trillion to IDR 1.48 trillion, followed by finance leasing that went up by 116.74% yoy from IDR 68.22 billion to IDR 147.86 billion, and others by 7.75% yoy from IDR 1.70 trillion to IDR 1.83 trillion.

The issuer distributed consumer financing of IDR 20.67 trillion, murabahah financing of IDR 5.51 trillion, finance leasing of IDR 1.44 trillion, and others of IDR 351.05 billion. For comparison, in 2022, consumer financing distribution was recorded at IDR 4.03 trillion, while finance leasing was IDR 918 billion, and other receivables of IDR 268.1 billion. (LK/ZH)