JAKARTA - PT MNC Kapital Indonesia Tbk (BCAP) recorded a 62.5% year-on-year (yoy) jump in net profit from IDR77.59 billion in 2023 to IDR126.04 billion in 2024.

BCAP's management said that this increase was driven by revenue growth, especially from interest and dividends.

‘BCAP's interest and dividend income increased by 4.4% compared to the same period the previous year,’ he said in a written statement, Tuesday (1/4).

Overall, BCAP's revenue in 2024 reached IDR3.33 trillion, up 12.6% from the previous year, with the largest contribution coming from interest and dividends worth IDR1.96 trillion or 58.8% of total revenue.

BCAP's consolidated total assets also grew to IDR29.46 trillion in 2024, up from IDR25.86 trillion in 2023.

Then, BCAP's consolidated liabilities increased to IDR22.28 trillion in 2024 from IDR18.86 trillion in 2023. Meanwhile, consolidated equity also increased by 2.43% to IDR7.17 trillion in 2024. (DK/LM)