Pawn PT (Persero) recorded a decline in first-half profit in 2013 amounted to Rp718 billion. The decline equivalent to 22 per cent, compared with the previous acquisition of Rp929 billion.
Director of Mortgage Finance Agus Dwi Pramoedya said the decline in profit due to the decline in gold prices Pawn. “Earnings in the first half we declined, due to the decline in gold prices greatly affect the performance, so terkspos pawnshops with gold prices, gold prices fell borrowing had come down,” said Dwi on Pawn Headquarters, Jakarta, Thursday (01/08/2013).
Dwi explained, for income, Pawn still recorded an increase. Where the report in June of this year recorded revenue Rp 4, 1 trillion, or an increase of 6.5 percent over the same period last year, which is Rp3, 8 trillion.
While the number of assets, Dwi said today there was an increase in total assets Pawnshops, where the current total assets Pawn Rp33 trillion, up 13 percent compared to last year’s total assets amounted to Rp29 trillion.
“Customers we still rose to 14.4 million compared to June last year, there was an increase of 5 per cent, last year’s 13.7 million customers,” he added.
Further Dwi, turnover Pawn until June submit their increased 6 percent to Rp46 trillion last year reached Rp43 trillion.
Meanwhile, the increase in Islamic mortgage that has increased 8.6 percent, where as of June this Pawnshops scored 6 trillion last year compared with the same period amounted to Rp 5, 5 trillion.
“Operating revenues actually still rising, with the increasing number of our customers, it looks the business we’re still growing,” he said.