JAKARTA. PT Pool Advista Finance Tbk (POLA) recorded net profit growth of 40.51% in 2018, from Rp 21.08 billion recorded in 2017 to Rp 29.62 billion.
In its annual financial report, POLA explained that the company's performance was supported by the company's revenue, which reached Rp. 54.66 billion in 2018, 23.86% higher than its revenue in 2017 of Rp. 33.13 billion.
POLA said that the company's revenue in 2018 came from several sectors, including working capital financing (Rp. 9.12 billion), followed by investment financing (Rp. 10.14 billion), multipurpose financing (Rp. 12.43 billion), and portfolio trading (Rp. 17.41 billion).
In a public presentation held today, POLA claimed the company was considered very healthy by the OJK (Financial Services Authority) due to its 0% NPF ratio. (KR/AR)