Coal Average Selling Price Increase

As of Semester I 2023, BBNI managed to score a pretty good performance. BBNI posted an increase in last 1H23 net profit to IDR 10.302T (1H23: IDR 8.803T; + 17.0% YoY and -2.7% QoQ). The increase in Net Profit was supported by a 5.1% increase in Net Interest Income (NII) to IDR 20.602T YoY, then PPOP by 0.3% to IDR 17.300T YoY. One of the factors driving the increase in BBNI’s profit is still the same as the previous quarter in 1Q23, where the increase in 1H23 profit results is still driven by the downward trend in provision costs which has decreased quite significantly.

Asset Growth

As of Semester I 2023, BBNI managed to score a pretty good performance. BBNI posted an increase in last 1H23 net profit to IDR 10.302T (1H23: IDR 8.803T; + 17.0% YoY and -2.7% QoQ).

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