State-owned Permodalan Nasional Madani (PNM) booked net profit of Rp358.6 billion in 2020, dropped 63% from Rp977.3 billion in 2019 as operating profit fell 69% to Rp399 billion from previous Rp1.29 trillion. It booked other income of Rp1 trillion last year, while in 2019 it only booked other income of Rp183 billion. While interest income and sharia income incresed 18% to Rp3.9 trillion from earlier year Rp3.3 trillion. PNM’s assets reached Rp31.65 trillion while liability amounted Rp26 trillion.