Coal Average Selling Price Increase Kicking off 2023, BBNI managed to book a pretty good performance. BBNI posted a quite brilliant net profit increase in 1Q23, with an amount of IDR 5,221T (1Q22: IDR 3,962T; + 31.8% YoY and 4Q22: IDR 4,620T; +13%). The increase in Net Profit was supported by an increase in Net Interest Income (NII) of 12.7% to IDR 10,404T YoY, then PPOP of 1.4% to IDR 8,652T YoY where the increase in results was supported by a downward trend in provisioning costs which experienced a significant decline. Asset Growth Kicking off 2023, BBNI managed to book a pretty good performance. BBNI posted a quite brilliant net profit increase in 1Q23, with an amount of IDR 5,221T (1Q22: IDR 3,962T; + 31.8% YoY and 4Q22: IDR 4,620T; +13%). |
Download full report HERE.