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MANDIRI TUNAS FINANCE Q3 2013 PERFORMANCE EXPOSURE

Thursday, 7 November 2013

MANDIRI TUNAS FINANCE Q3 2013 PERFORMANCE EXPOSURE

Located at Bebek Bengil Restaurant, Jakarta, on Tuesday, 29 October 2013, Mandiri Tunas Finance held a Media Gathering with a number of journalists from print media, online media and electronic media. In the Media Gathering, the Board of Directors explained the results of the company's performance up to Q3 2013. The Company recorded new financing up to Q3–2013 amounting to IDR 8.61 trillion, an increase of 48% compared to Q3-2012 of IDR 5.82 trillion with a composition of new car financing of 86% , used cars 12%, and motorbikes 2%. Meanwhile, the Company also recorded a significant increase in net profit of 65% from IDR 82 billion in Q3-2012 to IDR 135 billion in Q3-2013. The number of branches up to Q3-2013 increased by 8 new branches, each located in the Batam, Cibubur, Baturaja, Duri, Bukittinggi, Bandar Jaya, Lubuk Linggau and Banjarbaru areas, bringing the total number of MTF branch offices to 76 branches spread throughout Indonesia.