JAKARTA - PT Pola Advista Finance Tbk (POLA) aims to increase its total asset to Rp 664 billion by the end of 2019, with lending become the biggest contributor to the company's asset, with Rp 250 billion in contribution.
As cited of the company's information disclosure, the company will focus on the working capital loan and investment loan in 2019. In 2018, the financing distributed by the company consists of multi-user loan (Rp 86.31 billion), working capital loan (Rp 155.69 billion), investment loan (Rp 46.54 billion), and sharia loan (Rp 10.81 billion).
The company believes that financing still has a lot of potential this year, with the increasing demand for collateral-based loans..
In the company's Annual General Meeting of Shareholders (AGM) last week, the company's shareholders had agreed to use its net profit from the 2018 financial year as reserve funds (Rp 6 billion) and retained earnings (Rp 23.62 billion). (LK/AR)