Perusahaan Umum Jaminan Kredit Indonesia (Perum Jamkrindo) has reported positive performance for the first half of 2017, achieving a comprehensive profit of IDR 732.09 billion. This marks a significant increase of 106.52% compared to the same period last year, which was IDR 354.48 billion.
Diding S. Anwar, the President Director of Perum Jamkrindo, stated that this profit growth was driven by two main factors: an increase in guarantee fees and a decrease in claims expenses. "There was also an increase in assets, which further reflects the improvement in the company’s performance during the first semester of this year compared to last year," Diding said in Jakarta on Wednesday, September 6, 2017.
According to the financial report, Jamkrindo’s net guarantee fees rose from IDR 728.66 billion in the first half of 2016 to IDR 865.25 billion in the first half of 2017. On the other hand, the company’s claims expenses decreased from IDR 430.97 billion to IDR 199.02 billion, leading to an increase in net guarantees from IDR 297.68 billion in H1 2016 to IDR 666.22 billion in H1 2017.
Regarding assets, Perum Jamkrindo achieved a yearly asset increase from IDR 12.35 trillion in June 2016 to IDR 14.14 trillion in June 2017.
With these outstanding results, Perum Jamkrindo is on track to achieve impressive performance by the end of the year. Given that the business has been performing positively since the beginning of the year, the company remains optimistic about its prospects.
"By the end of this year, Jamkrindo will continue to grow well because the foundation of the business is solid, and all of this is the result of the hard work of our employees," Diding added.
As reported, Perum Jamkrindo has released its Consolidated Financial Statements for June 30, 2017, December 31, 2016, and June 30, 2016, on Wednesday, September 6, 2017. The financial report for December 31, 2016, was audited by Public Accounting Firm Hertanto, Grace, Karunawan (HGK), Member of TIAG, with an "Unmodified Opinion" or "Fair Without Exception."
In the same period, Perum Jamkrindo received a "Good Corporate Governance" rating, assessed by KAP Doli, Bambang, Sulistiyanto, Dadang, and Ali, with a qualification of "Very Good."
Further, for the period from July 4, 2017, to July 1, 2018, PEFINDO (Credit Rating Agency) assigned Perum Jamkrindo a rating of idAA+ (Double A Plus; Stable Outlook). (Source: Humas Perum Jamkrindo/infobanknews.com)