State-run loan guarantor Perum Jaminan Kredit Indonesia (Jamkrindo) booked net profit of Rp615 billion in 2019, grew 54.52% year on year (y/y). Revenues increased 36% to Rp3.4 trillion from Rp2.54 trillion. Jamkrido’s assets reached Rp17.57 trillion while equity amounted Rp11.97 trillion.