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Coal Average Selling Price Increase BMRI posted a 1Q23 Net Profit of IDR 12.560 T, an increase of 25.2% YoY (1Q22: IDR 10.032 T) and +19.4% QoQ (4Q22: IDR 10.518 T). NIM in 1Q23 was recorded at 5.40%, down 7 Bps QoQ and up 9 Bps YoY. On a quarterly basis, Net Interest Income (NII) decreased by –3.8% QoQ (4Q22: IDR 23.918 T), yet it increased by +12.4% year-on-year (1Q22: 20.468 T) to IDR 23.009 T. PPOP also recorded an increase to IDR 25,153 T, which means it rose both on quarterly (+14.5% QoQ; 4Q22: IDR 18,277 T) and annualized basis (+18.3% YoY; 1Q22: IDR 17,699 T). Asset Growth BMRI posted a 1Q23 Net Profit of IDR 12.560 T, an increase of 25.2% YoY (1Q22: IDR 10.032 T) and +19.4% QoQ (4Q22: IDR 10.518 T). NIM in 1Q23 was recorded at 5.40%, down 7 Bps QoQ and up 9 Bps YoY. |
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