BRI Syariah Net Profit Spikes 64 Percent

By : Wiyanto Dan Aldo Bella Putra | Wednesday, May 02 2018 - 14:30 IWST

Dirut BRISyariah Moch Hadi Santoso (Foto Dok Industry.co.id)
Dirut BRISyariah Moch Hadi Santoso (Foto Dok Industry.co.id)

INDUSTRY.co.id - Jakarta - PT Bank BRISyariah Tbk booked an increase in net profit after tax of 64 percent (yoy) to Rp 54.38 billion compared to March 2017 of Rp 33.17.

Director of BRISyariah, Moch. Hadi Santoso, said the increase in net profit was primarily derived from operating income of Rp 956.26. Operating expenses were recorded at Rp 884.25 billion.

"The total assets of BRISyariah increased by 21.81 percent (yoy) to Rp 34.73 trillion from Rp 28.51 trillion in March 2017," Hadi said in Jakarta on Wednesday (02/05/2018).

According to him, the increase in assets is driven by the growth of financing to Rp 19.53 trillion, growing by 8.62 percent (yoy) compared to March 2017 which amounted to Rp 17.98 trillion.

Meanwhile, the collection of Third Party Funds (DPK) of BRISyariah increased significantly by 22.94 percent (yoy) from Rp 23.01 trillion in March 2017 to Rp 28.29 trillion in March 2018.

According to Hadi, BRISyariah's performance improvement cannot be separated from the role of the parent company, PT Bank Rakyat Indonesia (Persero) Tbk.

In terms of capital, BRISyariah has strong capital. This is evident from the Capital Adequacy Ratio (CAR) of 23.64 percent, an increase compared to March 2017 position of 21.14 percent. The ratio is well above regulatory requirements.

Other financial ratios were also positive. Among other things, Return on Assets (ROA) of 0.86 percent, Return on Equity (ROE) of 6.92 percent, Net Rewards (NI) of 5.16 percent, Net Operating Margin (NOM) of 0.34 percent, and Financing to Deposit Ratio (FDR) of 68.70 percent.

From the efficiency of the company, BRISyariah is more efficient. It is seen from the ratio of Operating Cost to Operating Income (BOPO) of 90.75 percent, better than the position in March 2017 of 93.67 percent.

"While the ratio of non-performing financing (Gross) is 4.92 percent and NPF Nett 4.10 percent, the ratio is still below the regulator's maximum limit of 5 percent," he said.

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…