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MTF Successfully Prints Profits of 750 Billion in 2022! 3x increase compared to previous year

Monday, 27 February 2023

MTF Successfully Prints Profits of 750 Billion in 2022! 3x increase compared to previous year

Jakarta – PT Mandiri Tunas Finance (MTF) recorded a record throughout history in 2022, with a 3-fold increase in profit amounting to 750 billion compared to the previous year. The company's performance in 2022 is much better than 2021, as evidenced by the increase in lending to 27.8 trillion and the non-performing loan (NPL) figure which has improved by 0.71%.

Main Director of Mandiri Tunas Finance, Pinohadi G Sumardi said “With the theme Elevate Business To The Next Level in 2022, this has successfully led MTF to achieve brilliant performance. It is proven that profit achievement has jumped significantly by 205% compared to last year's achievement. This growth is also in line with this year's lending acquisition which reached 27.8 trillion. Not only does it grow, credit quality continues to be maintained well, it has been proven that MTF has succeeded in reducing the NPL figure to 0.71%. We are optimistic about welcoming 2023, ready to face challenges and compete in the world of the financing industry and realize our dream of becoming the no. Financing Company. 1 in Indonesia”.

Brilliant performance in 2022 will certainly influence return on assets (ROA) and return on equity (ROE) to become even better, namely ROA of 4 .50% and ROE of 28.14%. As of December 2022, the total revenue achieved by MTF has increased by 18% compared to last year. The rapid achievement of MTF this year cannot be separated from several strategies that have been implemented by MTF, including optimizing the captive market business through increasing Mandiri Group collaboration, accelerating dealership-based business as well as business diversification and optimization. >database.

This success certainly cannot be separated from the hard work of all MTF officers throughout Indonesia as well as the trust of MTF customers who already trust MTF as the financing company of choice.