Perum Pegadaian, Indonesia pawn shop, booked a net income before tax as much as IDR1.17 trillion in the third quarter of 2010, realizing 80% of the target this year at IDR1.45 trillion.
The net income before tax in the first nine months of the year has surpassed that of the same period last year, which was IDR1.11 trillion.
Perum Pegadaian company through Q3/2010 recorded IDR60 trillion turnover, getting closer to the target of the year at IDR64 trillion. In 2009, Pegadaian made IDR48 trillion turnover from all types of financing products. The biggest contribution to higher turnover was conventional gold mortgage, which contributed 85% to the total turnover. The rest, including sharia gold mortgage program and other financing products, contributed 15%.
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