JAKARTA. PT Federal International Finance (FIF), a financing company under Astra Group, reveals its revenue in H1 2021 that reaches IDR 4.43 trillion.
According to its financial report, published today (29/7), this revenue decline is a result of the income from the consumer financing segment that only scores IDR 4.31 trillion in H1 2021. This number is 14.99% lower than the gain reported in H1 2020.
Furthermore, the income from interests and fines in the first half of 2021 also slides off by 1.4% year-on-year (yoy) to IDR 83.92 billion. In addition to those mentioned above, its ijarah income decreases 3.03% yoy to IDR 23.98 billion, as income from other segments also does by 18.25% yoy to IDR 6.6 billion.
Despite these losses, FIF still manages to score IDR 949.27 billion in its net profit in H1 2021. It is 3.45% higher than the amount reported in the same period last year.
As of June 30, 2021, PT Astra International Tbk (ASII) still controls 99.99% of FIF. The remaining small portion belongs to PT Arya Kharisma. (KR/ZH)