Monday, 16 September 2019 | 15:15 WIB

Pegadaian Obtains Net Profit of IDR 2.77 Trillion in 2018

Pegadaian Obtains Net Profit of IDR 2.77 Trillion in 2018 (moneysmart)

JAKARTA, NETRALNEWS.COM - State-owned pawning company PT Pegadaian has obtained good performance during the 2018 financial year by obtaining net profit of IDR 2.775 trillion. From the net profit, the company has deposited dividends as state revenues of 50% or IDR 1,387 trillion.

This was stated in the GMS Decree regarding the Approval of the Annual Financial Report 2018 and the Ratification of PT Pegadaian (Persero) 2018 Financial Report which was determined at the General Meeting of Shareholders held at the Ministry of BUMN Friday (05/24/2019).

PT Pegadaian (Persero) President Director Kuswiyoto expressed his gratitude for the achievements obtained by the company during 2018.

"Of course we express gratitude for this achievement. This means that Pegadaian not only provides solutions to diverse needs of the community through the provision of products and services, but also financially contributes to contributing to state revenues, "he explained.

Kuswiyoto further stated that the amount of dividends paid for this 2018 period was IDR 1.387 trillion, an increase of 38% compared to the 2017 period of IDR 1.005 trillion.

The Ministry of State-Owned Enterprises as the stakeholder of PT Pegadaian (Persero) represented by the Assistant Deputy for Financial Services, Survey Services and Consultants, M. Khoerur Roziqin expressed his appreciation to the Board of Directors and Commissioners as well as all Pegadaian Staff for the achievement of the company's performance in 2018.

"Representing the Shareholders, we express appreciation for the performance of all Pegadaian employees in managing the company. "We hope that this achievement will continue to be improved in the future by consistently implementing good corporate governance," he said.

Roziqin further hoped that all Pegadaian employees prioritize recommendations and recommendations from the Board of Commissioners and auditors both internal and external for the good of the company. In addition, he also hopes to continue to improve company performance through the development of effective and productive modern organizational culture, digitizing business processes, improving the quality of human resources and promoting service excellence to customers.

The expectations of shareholders are in line with the company's transformation program which includes the digital and cultural sectors. The transformation of the company was carried out to realize the vision of "Becoming the Valuable Financial Company and the Community's Top Choice Financial Inclusion Agent".