PT Bank CIMB Niaga Tbk Reports Unaudited Parent and Consolidated Earnings Results for the First Half Ended June 30, 2016
July 29, 2016 at 01:13 pm EDT
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PT Bank CIMB Niaga Tbk reported unaudited parent and consolidated earnings results for the first half ended June 30, 2016. For the first half, on parent basis, the company reported net interest income of IDR 5,538,812 million against IDR 5,372,861 million a year ago. Operational profit was IDR 947,945 million against IDR 257,447 million a year ago. Current period profit before income taxes was IDR 956,682 million against IDR 234,997 million a year ago. Net profit after income taxes was IDR 706,294 million against IDR 150,631 million a year ago. Current period total comprehensive profit was IDR 4,151,445 million against IDR 57,289 million a year ago. Profit attributable to current period total profit was IDR 706,294 million against IDR 150,631 million a year ago. Earnings per share were IDR 28.10 against IDR 5.99 a year ago. Net cash provided by operating activities was IDR 2,148,224 million against IDR 5,899,502 million a year ago. Acquisition of fixed assets was IDR 599,418 million against IDR 333,742 million a year ago. Return on Asset was 0.83% against 0.20% for the same period a year ago. Return on equity was 4.95% against 1.13% for the same period a year ago.
For the first half, on consolidated basis, the company reported net interest income of IDR 5,813,147 million against IDR 5,546,462 million a year ago. Operational profit was IDR 1,050,779 million against IDR 285,834 million a year ago. Current period profit before income taxes was IDR 1,045,525 million against IDR 232,640 million a year ago. Net profit after income taxes was IDR 736,120 million against IDR 176,347 million a year ago. Current period total comprehensive profit was IDR 4,180,001 million against IDR 83,005 million a year ago. Profit attributable to current period total profit was IDR 736,120 million against IDR 176,347 million a year ago. Earnings per share were IDR 29.29 against IDR 7.02 a year ago. Net cash provided by operating activities was IDR 2,209,707 million against IDR 7,190,218 million a year ago. Acquisition of fixed assets was IDR 484,539 million against IDR 337,142 million a year ago. Return on Asset was 0.89% against 0.19% for the same period a year ago. Return on equity was 4.98% against 1.28% for the same period 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 
