JAKARTA - PT Indonesia Infrastructure Finance (IIF) recorded net profit growth in the first quarter of 2025 of 63 percent year-on-year (YoY) to Rp52.8 billion compared to the first quarter of 2024 of Rp32.5 billion. The net profit achievement was supported by the growth in net interest income of Rp339.0 billion or grew 14 percent compared to the previous period of Rp297.7 billion.
"This achievement reflects the effectiveness of our financing strategy, as a catalyst and solution provider that complements efforts to advance national infrastructure development, while maintaining operational efficiency in the midst of economic dynamics," said IIF Chief Investment Officer, M. Ramadhan Harahap (Idhan), in a written statement, Thursday, May 22.
In terms of efficiency, interest expense decreased by 5 percent to Rp190.8 billion and there was a 15 percent decrease in the provision load which also supported an increase in net profit.
As of March 2025, various projects funded by IIF have had a real impact on millions of people. In the renewable energy sector, IIF has supported the development of power plants with a total capacity of 710.9 MW which reaches more than 710,000 households or around 3.55 million people, while reducing carbon emissions by 4.931 million tons of equivalent CO2 per year. This figure is equivalent to the absorption capability of more than 173,000 trees.
In terms of drinking water management, IIF-backed projects have provided a clean water distribution capacity of 27,501 liters per second serving around 1.39 million households or more than 6.78 million people in various regions. In the health sector, IIF also funds the construction of health facilities that are now capable of providing a total of 1,051 inpatient beds and serving around 351,000 outpatients every year.
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"We believe that infrastructure development must go hand in hand with sustainability. Therefore, we continue to innovate in financing products and strengthen the principles of Environmental, Social, and Governance (ESG) in all IIF business activities," said Idhan.
With a strong financial basis and real social impact, IIF is optimistic that it can continue its role as a strategic partner of the government and the private sector in creating a greener, inclusive, and higher competitive Indonesia future.
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