Financing firm Sinarmas Multiartha (SMMA) booked net profit of Rp825 billion in first half (H1) this year, up 9% from Rp756.6 billion in the same period of last year. Revenues rose 18.2% to Rp13.2 trillion from previous Rp10.9 trillion. Income from insurance underwriting grew 50% to Rp9.2 trillion from earlier Rp6.48 trillion. The Company’s assets reached Rp82.7 trillion while liability amounted Rp61.3 trillion. It has cash of Rp5.57 trillion.
