MPM Group Explains Its Business Entity Performance At The Event Of Breaking Fast With The Media

JAKARTA - PT Mitra Pinasthika Mustika Tbk (MPMX), a leading automotive and transportation consumer company in Indonesia today, Wednesday, March 20, held a Joint Iftar in Media Gathering 2024 which was attended by a number of management officials of the Company Group and various media personnel, both national, automotive and lifestyle, at The Elysium Rooftop dining & Lounge, Lippo Kuningan, Jakarta.

Thanks Kartika, MPMX's CFO Group opened the event by welcoming media colleagues and expressing their gratitude from MPMX for the media support so far.

"On a good occasion in this holy month of Ramadan, MPMX as an open company that continues to grow considers the media as one of the important partners in our business trip. Today's event is an opportunity for us to show our appreciation and appreciation for the support and cooperation given to us to continue to provide benefits through our entire business segment," he said.

The company and its Entities also use this opportunity to provide refreshing and information from their respective business segments. In 2024, MPMX will focus on several key initiatives, namely: ensuring that the subsidiary's business continues to be sustainable, developing business portfolios, improving human resource competence, continuing to develop IT architecture, accelerating digital empowerment, and increasing the involvement of MPMX and employees in social programs. The strategic focus is to continue to create products that are relevant to market trends and provide added value for stakeholders and society.

"We are also looking for opportunities to complement the automotive ecosystem by exploring downstream business opportunities for potential mergers and acquisitions," he explained.

MPMinsurance conveyed that the latest developments related to consistent digital transformation are carried out to improve the business process so as to facilitate the issuance of digital policies and digital claims. Digital innovation continues to be carried out to improve and maximize customer experience on all digital platforms MPMinsurance and bring services closer to customers.

There is also a new calculation simulation feature on the MPMinsurance website, so now customers can calculate the simulation of the desired insurance plan quickly and easily. In the month of Ramadan 2024, MPMinsurance presents a special promo in the form of a 25 percent discount for each car insurance purchase.

During 2023, MPMRent managed to obtain and maintain several ISO certifications such as ISO 9001, 14001, 45001 and SMK3, all of which were proofs that MPMRent prioritized its services for its customers. This is also evidenced by the achievement of MPMRent in 2023 where there was an increase in the number of new subscribers by 35 percent which pushed an increase in the total fleet by 11.9 percent and an increase in the number of drivers by 9.5 percent.

Until December 2023, the number of utilized fleets was 13,385 units. In 2024 MPMRent plans to strengthen and enlarge the network by adding branch offices in Balikpapan. PT Balai Lelang Asta Nara Jaya (AUKSI), which is a subsidiary of MPMRent, explained the brilliant achievement in 2023 where the total number of units sold was recorded to have increased by 23 percent with the total number of new customers increasing by 39 percent and the total number of buyers increased by 27 percent.

Seeing this positive result, in 2024 the AUKSI will expand its reach by opening new offices in Pekanbaru and Palembang. Reported back to the Titip Selling program in AUKSI which of course will provide several advantages such as more profitable selling prices, relatively faster selling units, easy and safe selling storage processes, fast disbursement processes.

Not to forget, PT JACCS Mitra Pinasthika Mustika Finance Indonesia (JACCS MPM Finance Indonesia) introduced the MyCash program which is a fund facility product with a guaranteed BPKB Car/Motor which is designed to be a solution to various consumer needs.

Then the new application, namely JACCY, is an application that connects JACCS MPM Finance Indonesia with Partner Dealers, especially used cars. This application aims to monitor the process of submitting used car financing applications quickly and efficiently.

There is also the JMCARE application, namely financial applications to help Indonesian customers and people get financial information and services for JACCS MPM Finance Indonesia.

"The MPMX's journey for more than 3 decades will not be solid without the support of every stakeholder, and one of them is a media colleague. We are grateful to media colleagues who have become a bridge of information between MPMX and the wider community. Hopefully, the network that has been well developed so far will be stronger so that we can continue to network in a relevant and innovative way to reach stakeholders through positive news content," concludedter.