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Coal Average Selling Price Increase BMRI scored a brilliant performance in 9M23, where 9M23 Net Profit was recorded at IDR 39.064 T, an increase of 27.4% YoY (9M22: IDR 30.653 T) and 9.15% QoQ (2Q23: IDR 12.672 T & 3Q23: IDR 13.832 T). BMRI’s solid performance is shown by Net Interest Income (NII), which rose solidly in 9M23 to IDR 71.863T (9M22: IDR 63.985T, +12.3% YoY & +1.1% QoQ). PPOP on a quarterly basis declined -3.93% QoQ and on an annualized basis increased +15.4% YoY to IDR 62.355T in 9M23. BMRI’s impressive performance can also be seen from its improving asset quality, as well as growing Non Interest Income. NIM level stood at 5.59% in 9M23 (+17 Bps YoY & +3 Bps QoQ). Asset Growth BMRI scored a brilliant performance in 9M23, where 9M23 Net Profit was recorded at IDR 39.064 T, an increase of 27.4% YoY (9M22: IDR 30.653 T) and 9.15% QoQ (2Q23: IDR 12.672 T & 3Q23: IDR 13.832 T). |
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