PT Bank CIMB Niaga Tbk Announces Unaudited Consolidated and Parent Earnings Results for the First Half Ended June 30, 2018
August 15, 2018 at 07:18 pm EDT
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PT Bank CIMB Niaga Tbk announced unaudited consolidated and parent earnings results for the first half ended June 30, 2018. For the period, on parent basis, the company reported net interest income of IDR 5,644,802 million compared to IDR 6,017,068 million a year ago. Operational profit was IDR 2,162,506 million compared to IDR 1,833,437 million a year ago. Net profit after income taxes was IDR 1,575,846 million compared to IDR 1,372,836 million a year ago. Profit before income taxes was IDR 2,179,550 million compared to IDR 1,845,941 million a year ago. Profit attributable to owner was IDR 1,575,846 million compared to IDR 1,372,836 million a year ago. Earnings per share were IDR 62.84 compared to IDR 54.63 a year ago. Net cash used in operating activities was IDR 5,987,138 million compared to IDR 774,272 million a year ago. Acquisition of fixed assets was IDR 234,862 million compared to IDR 30,887 million a year ago. Acquisition of intangible assets was IDR 101,806 million compared to IDR 21,203 million a year ago.
For the period, on consolidated basis, the company reported net interest income of IDR 5,988,291 million compared to IDR 6,329,259 million a year ago. Operational profit was IDR 2,398,772 million compared to IDR 1,831,172 million a year ago. Net profit after income taxes was IDR 1,767,809 million compared to IDR 1,380,232 million a year ago. Profit before income taxes was IDR 2,420,944 million compared to IDR 1,854,612 million a year ago. Profit attributable to owner was IDR 1,767,675 million compared to IDR 1,380,227 million a year ago. Earnings per share were IDR 70.54 compared to IDR 54.92 a year ago. Net cash used in operating activities was IDR 5,165,164 million compared to provided of IDR 581,898 million a year ago. Acquisition of fixed assets was IDR 236,038 million compared to IDR 87,877 million a year ago. Acquisition of intangible assets was IDR 102,454 million compared to IDR 21,473 million a year ago. PBT has improved by about 30%. ROE improving. ROE to 9.37%. The total operating income at IDR 3.8 trillion.
PT Bank CIMB Niaga Tbk (the Bank) is an Indonesia-based company, which is engaged providing general banking services. The Bank operates through seven segments: Corporate, Business, Retail, Treasury, Sharia, Subsidiaries, and Others. The Corporate segment includes loans, deposits and other transactions, and balances with corporate customers. The Business segment includes products and services for customer segments comprising small to medium scale enterprises. The Retail segment focuses on products and services for individual customers. This segment includes products, such as loans, deposits and other transactions, and balances with retail customers. The Treasury segment undertakes its treasury activities, which include foreign exchange, money market, derivatives, and investing in placements and securities transactions. The Sharia segment includes all transactions relating to Sharia Business Unit. The Subsidiaries segment includes all transactions relating to subsidiaries businesses.
PT BANK CIMB NIAGA TBK 
