Astra Sedaya Finance Print Profit Rp414 billion
Finance June 9th, 2010
PT Astra Sedaya Finance (ASF) to record net profit increase of 16.95 percent from 2008 to the size of Rp414 billion in 2009.
According to President Djony Director ASF Bunarto Tjondro, with a success net profit growth in 2009 and then, so this year is optimistic his side will again record the growth of better performance.
“We are optimistic that with further improvement in the economy,” he said in a press release to journalists, the Shangri-La Hotel, Jakarta, Wednesday (3/2/2010).
He explained, in 2009 and the company provides financing for 93 thousand units of motor vehicles with a total financing of Rp12 trillion.
“This year we will maintain a commitment to support the automobile industry through financing new and used car through the dealership or showroom,” he explained.
For that, the company will issue bonds XI with fixed interest rate Rp1 trillion. These bonds, he said, consists of Series A through F for the period between from 370 days to 48 months. “All the proceeds will be allocated to working capital financing of motor vehicles,” he said
