Menu
idnstocks

WOM Finance Financing Reached IDR2.2Trn in 2016

By administrator | June 16, 2016 | Finance.

Wahana Ottomitra Multiartha, Tbk (WOMF IJ), a company of 70% focus on new motorcycle financing, has been finance up to IDR2.2trn as of May 2016. This financing reached 37% of its target totally worth IDR6trn at the end of this year. The Company utilizes a 10% increase in May’s sales from the previous month, as an Eid Fitr moment. Around 30%, or the rest of WOM Finance for used motorcycle and multipurpose financing. For the record, the Company’s 1Q2016 profit grow 5.04%, compared to the same period last year. These performance improvements, to keep the Company’s expenses that grow 3.6% at the same period, and suppress its cost of credit (CoC). Meanwhile, WOM Finance’s financing target IDR6trn this year, same target as the year 2015.

Adira Finance Record IDR26.6Trn of Financing

WOM Finance Financing Reached IDR5.2Trn

BFI Finance Realized its 79% Financing Target

Indonesia 4W Retail Vehicle Sales Increased by 14.5% YoY in 5M18

4W Sales Expanding; 2W Sales Declining

 

Translate »
Copy Protected by Chetan's WP-Copyprotect.