PT Bank CIMB Niaga Tbk Announces Unaudited Consolidated and Parent Earnings Results for the First Half Ended of June 30, 2017
July 30, 2017
Share
PT Bank CIMB Niaga Tbk announced unaudited consolidated and parent earnings results for the first half ended of June 30, 2017. For the six months, on a parent basis, the company reported net interest income of IDR 6,017,068 million compared to IDR 5,538,812 million a year ago. Operational profit was IDR 1,833,437 million compared to IDR 947,945 million a year ago. Net profit after income taxes was IDR 1,372,836 million compared to IDR 706,294 million a year ago. Profit before income taxes was IDR 1,845,941 million compared to IDR 956,682 million a year ago. Profit attributable to owner was IDR 1,372,836 million compared to IDR 706,294 million a year ago. Net earnings per share were IDR 54.63 compared to IDR 28.10 a year ago. Net cash used in operating activities was IDR 774,272 million compared to net cash provided by operating activities of IDR 2,337,568 million a year ago. Acquisition of fixed assets was IDR 30,887 million compared to IDR 599,418 million a year ago. Acquisition of intangible assets was IDR 21,203 million compared to IDR 189,344 million a year ago.
For the six months, on a consolidated basis, the company reported net interest income of IDR 6,329,259 million compared to IDR 5,813,147 million a year ago. Operational profit was IDR 1,831,172 million compared to IDR 1,050,779 million a year ago. Net profit after income taxes was IDR 1,380,232 million compared to IDR 736,120 million a year ago. Profit before income taxes was IDR 1,854,612 million compared to IDR 1,045,525 million a year ago. Profit attributable to owner was IDR 1,380,227 million compared to IDR 736,099 million a year ago. Net earnings per share were IDR 54.92 compared to IDR 29.29 a year ago. Net cash provided by operating activities was IDR 581,898 million compared to IDR 2,399,397 million a year ago. Acquisition of fixed assets was IDR 87,877 million compared to IDR 484,539 million a year ago. Acquisition of intangible assets was IDR 21,473 million compared to IDR 189,690 million a year ago. Return on Asset (ROA) was 1.55% compared to 0.89% for the same period a year ago. Return on equity (ROE) was 8.31% compared to 4.98% a year ago.
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 
