JAKARTA - PT Federal International Finance (FIFGROUP/FIF) through FIFASTRA recorded a distribution value of Honda motorcycle financing of IDR 12 trillion during January-May 2024.
This figure has increased by 4.1 percent compared to the same period in the previous year of IDR 11.5 trillion.
"Of the many that we know that economic challenges in the first quarter of 2024 are not easy and FIF is experiencing this. But, thank God, the value of financing disbursed in the first quarter of 2024 is still increasing," said FIFGROUP CEO Siswadi in "Astra Financial 2024 Workingshop Media" in Bandung, West Java, Friday.
This achievement is considered a new record for FIFASTRA in channeling financing for motorcycles.
The increase was also seen in the number of motorcycle units financed.
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In the January-May 2024 period, FIFASTRA recorded financing of 703,000 units, an increase of 3 percent compared to 683 thousand units in the same period the previous year. The increase also supported the total growth in FIFGROUP performance.
In addition, FIFGROUP as the parent posted a total value of financing disbursement of IDR 18.3 trillion or grew 2.6 percent year on year (yoy) in total unit booking growth of 0.9 percent (yoy) to 1.31 million units in the January-May 2024 period.
"Sebagai laba bersih, kita juga cukup bertumbuh dari Rp944 miliar jadi Rp1,1 triliun di kuartal INI 2024. Angka yang menurut kami cukup baik di awal tahun ini," ungkap dia.
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