Coal Average Selling Price Increase

BBRI posted their FY22 net profit of IDR51.2 T, an increase of 65% YoY yet decreased by 16% QoQ due to a rise in Opex. The net profit was underpinned by a 7.85% NIM, loan growth of 9.1% YoY, largely dominated by loan growth in the micro sector of 13.3% and consumer banking of 8.3% YoY. Additionally, the NPL level was successfully reduced to 2.67% this quarter from its previous quarter’s level of 3.14%.

Asset Growth

BBRI posted their FY22 net profit of IDR51.2 T, an increase of 65% YoY yet decreased by 16% QoQ due to a rise in Opex.

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