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20240502_BCAP_Laporan Informasi dan Fakta Material_31633124_lamp2.pdf

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Page 1
Financial Performance Report for the First Quarter
of 2024, BCAP's Revenue Reaches Rp757.1 Billion
Jakarta, May 2, 2024 - PT MNC Kapital Indonesia              Q1-2024 Financial Highlights
Tbk (IDX: BCAP) reported its financial performance                                               Q1-2024       Q1-2023
                                                                   in million Rupiah
for the period ending on March 31, 2024, with              Profit or Loss
consolidated revenue amounting to Rp757.1 billion,         Revenues                                757,084       726,603
grew 4.2% year-on-year (yoy) from to the same                Interest and dividends                476,251       466,026
period last year. BCAP's consolidated revenue                Capital market income                  61,252        92,508
primarily came from interest and dividends,                  Net premium income                    107,422        66,643
dominating 62.9% of total revenue. The interest              Digital income                         78,358        66,554
and dividend income increased by 2.2% yoy from               Sharia financing lease income           7,774         6,835
Rp466.0 billion in Q1-2023 to Rp476.3 billion in             Other operating income                 26,027        28,037
                                                           Income Before Tax                        45,809        43,685
Q1-2024. The highest jump was recorded in net
                                                           Net income                               40,035        39,241
premium income, soaring by 61.2% yoy from                  Total net income attributable to :
Rp66.6 billion to Rp107.4 billion in the first quarter     - Owners of the company                  34,778        33,787
of this year, followed by digital income which             - Non-controlling interests               5,257         5,454
surged by 17.7% yoy to Rp78.4 billion in Q1-2024.          Total comprehensive income (loss)
Additionally, BCAP's consolidated revenue also             for the period                           (18,947)       (3,291)
came from capital market income amounting to               Total comprehensive income (loss)
Rp61.3 billion, sharia financing lease income of           attributable to :
Rp7.8 billion, and other operating income of               - Owners of the company                  (15,113)       (8,730)
                                                           - Non-controlling interests               (3,834)        5,439
Rp26.0 billion.
                                                           Earnings per share (in full Rupiah)         0.82          0.79
The Company posted a net income of                                in million Rupiah              Q1-2024       FY-2023
Rp40.0 billion in Q1-2024, showed a 2.0% yoy hike          Balance Sheet
from Rp39.2 billion in Q1-2023, with total net             Total assets                          26,366,348    25,863,812
income attributable to owners of the Company               Total liabilities                     19,375,290    18,860,818
amounting to Rp34.8 billion.                               Total equity                           6,991,058     7,002,994

MNC Bank was the major contributor to BCAP's
revenue in Q1-2024, accounting for 47.4% of total
consolidated revenue, followed by MNC Life 12.8%,
MNC Insurance 10.3%, MNC Finance 8.5%, MNC
Sekuritas 7.8%, MNC Leasing 5.7%, FM Digital
Solution 1.2%, MNC Teknologi Nusantara 1.2%,
MNC Asset Management 0.4%, and others 4.7%.
Compared to the financial position statement at the
end of the previous year, the Company recorded
growth in total consolidated assets to
Rp26.4 trillion, an increase in total consolidated
liabilities to Rp19.4 trillion, while total consolidated
equity of the Company reached Rp7.0 trillion in the
first quarter of this year.



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Page 2
 Update Bisnis



PT Bank MNC Internasional Tbk (IDX: BABP) or MNC Bank, together with PT Kereta Api Indonesia
(Persero), officially introduced the Co-Branding Credit Card “Access Card,” which unlocks various
conveniences and exclusive benefits for customers and KAI passengers. The launch of the Access
Card marks an innovative and inclusive integrated payment solution, enriching the digital customer
experience while bolstering the competitiveness of both companies.
Access Card users will get special cashback benefits of 20%, a maximum of Rp100,000/calendar
month/card with a minimum transaction of Rp400,000 on the Access by KAI application. Additionally,
all holders of this Co-Branding Credit Card are also entitled to enjoy various conveniences, including:

                                   Various special programs for train ticket purchases (ashback for
                                    ticket purchases on the Access by KAI app)
                                   Non-PIN facilities for transactions ≤ Rp1,000,000 (contactless)
                                   Free Annual Fee for the first two years
                                   Fixed installment program with tenor options up to 24 months
                                  For further information, click the link https://bit.ly/MNCBank-KAI.



As a commitment to fostering the Indonesian capital
market and actively promoting investment education and
literacy, MNC Sekuritas hosted a series of Company
Updates featuring 12 issuers on March 19-21, 2024. This
initiative culminated in the Investor Gathering & Corporate
Forum 2024, themed "Embrace the Transformation
Opportunities." The forum aimed to equip investors with
insights to identify profitable investment opportunities
within the evolving capital market landscape and was
attended by the Director of Information Analysis and Crisis
Management of the Capital Market, Financial Derivatives,
and Carbon Exchange of the Financial Services Authority
(OJK) Sujanto, Director of Trading and Membership of Indonesia Stock Exchange (IDX) Irvan Susandy,
Director of PT Kliring Penjaminan Efek Indonesia (Indonesian Clearing and Guarantee Corporation) Umi
Kulsum, and Director of Infrastructure and Information Management of PT Kustodian Sentral Efek
Indonesia (Indonesia Central Securities Depository) Dharma Setyadi.
In addition, MNC Sekuritas won three award categories at the 2024 Digital Technology & Innovation
Award (DIGITECH) event organized by Itech Magazine in collaboration with the Digital Forum (Fordigi)
of State-Owned Enterprises (BUMN). MNC Sekuritas also continued its winning streak, securing the
Golden Trophy at the 13th Infobank-Isentia Digital Brand Recognition 2024 Awards. It marks a five-year
consecutive victory, with award categories including:
1. Golden Trophy for Best Securities Company for Five Consecutive Years (2020-2024)
2. 1st Place in Corporate Brand, Best Securities Company 2024 - Underwriter
3. 1st Place in Corporate Brand for The Best Overall Securities Company 2024
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Furthermore, MNC Sekuritas reaffirmed its position in the securities underwriting industry in Indonesia,
both for debt and equity issuance. Targeting around 10 companies to be listed on the IDX throughout
2024, MNC Sekuritas has successfully brought multiple new issuers to the market since May 2023,
including companies with stock codes BAIK, MEJA, TOSK, SMLE, UDNG, MSIE, and SMIL.




MotionPay, owned by MNC Teknologi
Nusantara, has recently introduced a new
feature called Foto Struk, offering users a
range of direct benefits, including cashback
and other attractive rewards. MotionPay users
only need to upload photos of their physical
receipts    from      purchases    made    at
convenience stores, supermarkets, and other
participating retailers across Indonesia. For
further information, click the link https://
s.mtnpy.id/fotostruk.
To further expand its services, MotionPay is developing a cash withdrawal feature named Tarik Tunai,
allowing users to withdraw MotionPay balances at ATMs, post offices, and a vast network of
convenience stores nationwide.




                                                           Shandong Heavy Industry Group (SHIG), one
                                                           of the largest heavy equipment and truck
                                                           manufacturing companies in China, through
                                                           its subsidiary SINOTRUK, has signed a joint
                                                           venture (JV) agreement with MNC Kapital
                                                           for ownership in MNC Leasing. The
                                                           completion of this investment is subject to
                                                           OJK’s approval. Afterward, SINOTRUK will
                                                           own 40% of MNC Leasing, a heavy
                                                           equipment and truck financing company
                                                           under MNC Group.
This JV will benefit both parties. SINOTRUK will undoubtedly be able to strengthen its heavy equipment
and truck sales business in Indonesia, where MNC Leasing will be a strategic partner in providing
financing to its customers. For MNC Leasing, this investment will strengthen its capital structure, open
up opportunities to obtain additional funding from international partners and gain new customers from
SINOTRUK. MNC Leasing will also focus on active collaboration with heavy equipment and truck brands
under SINOTRUK, especially for financing to the mining sector.


                                                 -o0o-




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For further information, please contact:                      PT MNC Kapital Indonesia Tbk
  Natassha Yunita                                             MNC Bank Tower 21/F, MNC Center
  Head of Investor Relations                                  Jl. Kebon Sirih Kav 21-27, Menteng
  natassha.yunita@mncgroup.com                                Jakarta Pusat 10340, Indonesia
  ir.bcap@mncgroup.com                                        Phone : +6221 2970 9700
                                                              www.mncfinancialservices.com


DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply
with these restrictions may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no
representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness,
accuracy, completeness or correctness of, the information or opinions contained here in. It is not the intention to
provide, and you may not rely on this Press Release as providing, a complete or comprehensive analysis of the
condition (financial or other), earnings, business affairs, business prospects, properties or results of operations
of The Company or its subsidiaries. The information and opinions contained in this Press Release are provided
as at the date of this presentation and are subject to change without notice. Neither The Company (including any
of its affiliates, advisors and representatives) nor the underwriters (including any of their respective affiliates,
advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for
the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor
for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements
that reflect The Company's current views with respect to future events and financial performance. These views
are based on a number of estimates and current assumptions which are subject to business, economic and
competitive uncertainties and contingencies as well as various risks and these may change over time and in
many cases are outside the control of The Company and its directors. No assurance can be given that future
events will occur, that projections will be achieved, or that The Company's assumptions are correct. Actual
results may differ materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to
purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection
with any contract, commitment or investment decision in relation thereto.




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Names mentioned 9 people and organisations named in the text · linked when the evidence is strong

linked org PT MNC Kapital Indonesia p.1 ×4
linked org Bank MNC Internasional Tbk p.2 ×2
unresolved org Financial Highlights Tbk p.1
unresolved org Financial Services Authority p.2
unresolved org Indonesia Stock Exchange p.2
unresolved org PT Kliring Penjaminan Efek Indonesia p.2
unresolved org Guarantee Corporation p.2
unresolved org PT Kustodian Sentral Efek Indonesia p.2

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