State-run loan guarantor PT Jaminan Kredit Indonesia (Jamkrindo) booked net profit of Rp235 billion in the first half (H1) of 2020, fell 23% from Rp305 billion in the same period of 2019. Revenue rose 20.3% to Rp1.14 trillion but claims rose 33.9% to Rp656 billion. Jamkrindo’s assets reached Rp16.95 trillion while liability amounted Rp6.42 trillion. It has cash and cash equivalent of Rp6.2 trillion.
