Mar 24, 2011

BCA FY10 net income soars 25.12%

PT Bank Central Asia Tbk (BCA) in 2010 booked audited-net income to IDR8.52 trillion or a higher of 25.12% from IDR6.81 trillion in the previous year.
The soar of income was stimulated by non-operating revenue although margin of net interest rate eroded. Moreover, the income of the lender owned by Djarum Group was higher than publication data of Bank Indonesia per December 2010 by 23.45% to IDR8.37 trillion from IDR6.78 trillion in the last year.
As reported by Bisnis Indonesia today, the interest revenue of BCA fell by IDR2.31 trillion to IDR20.56 trillion compared to the previous year’s interest revenue standing at IDR22.87 trillion.

Disclosure: No position at the stock mentioned above. 

Print This Article

No comments: