Consumer financing company PT Adira Dinamika Multifinance (ADMF) Tbk, subsidiary of Bank Danamon, booked net profit of Rp387.64 billion in the first quarter of 2011, representing a 16.5% growth from the corresponding period last year.
Adira reported total revenue of Rp1.14 trillion, increased 35.7% from the same period last year, while total expenses surged 57% to Rp624.5 billion.
Adira had total assets of Rp9.17 trillion as at March 31, 2011, an increase of 20.75% from Dec 31, 2010.
Rabu, 27 April 2011
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