JAKARTA – PT Mandiri Tunas Finance (MTF) has managed to secure IDR 3.77 trillion of revenue throughout 2022, shifting 18.8% year-on-year (yoy) from IDR 3.18 trillion in 2021.

Pinohadi G. Sumardi, President Director of Mandiri Tunas Finance, said that the contribution mostly came from the consumer financing segment, generating IDR 2.43 trillion. Then, the lease financing line brought in IDR 565.52 billion, followed by bank savings of IDR 15.16 billion, the factoring segment of IDR 9.71 billion, and other receivables of IDR 751.43 billion.

MTF reportedly distributed IDR 16.34 trillion of consumer financing in 2022, increasing from IDR 12.88 trillion. The lease financing distribution also grew yearly from IDR 4.65 trillion to IDR 5.64 trillion, while the factoring distribution shrank massively from IDR 152.30 billion to IDR 32.97 billion. Other receivables distribution also shifted from IDR 416.79 billion to IDR 449.44 billion.

The profit before tax amounted to IDR 960.96 billion, while its current year’s profit clocked up to IDR 750.21 billion. In the same period in 2021, its earnings before tax and current year’s profit arrived at IDR 307.03 billion and IDR 245.88 billion. (LK/ZH)