Bank Sinarmas (BSIM) booked profit after tax of Rp192 billion in first nine months (9M) to September this year, dropped 39.4% from Rp317 billion in the same period last year. Net interest income rose 8.2% to Rp1.4 trillion but operating profit fell 39.4% to Rp247 billion due to higher operating cost excluding interest. The Bank’s loans was flat at Rp17 trillion while third party funds amounted Rp23.52 trillion. Its CAR stood at 16.84% and NPL was 2.5%.