BNI Net Income Grows 30.2%

PT BNI Tbk (BBNI) net profit in the first semester of 2013 amounted to Rp 4.28 trillion, up 30.2% over the same period in 2012 amounting to Rp 3.287 trillion. According to the directors, the increase in net income was driven by growth in net interest income earned from credit and non-credit.

Gatot Suwondo, Director of BNI, said that in the first semester of 2013 the company recorded a credit of Rp 222.65 trillion, grow 24.1% compared to the same period last year of Rp 179.44 trillion. The increase in lending is pushed net interest income or net interest income of Rp 8.896 trillion, an increase of 23.1% over the same period in 2012. “Non-interest income grew 22% to Rp 4.56 trillion,” said Billy.

EMC Gets USD 5.29 bln in Q1

EMC Corporation posted a fairly promising financial results in the first quarter of 2013. EMC Q1 revenues reached USD 5.39 billion, an increase of 6% ‚Äč‚Äčover the same quarter last year.

The GAAP net income of USD 580 million and first quarter GAAP earnings per weighted average number of diluted shares is USD 0.26.

Non-GAAP net income EMC reached USD 850 million, an increase of 4% compared to the same quarter the previous year. Non-GAAP earnings per weighted average number of diluted shares was USD 0.39, up 5% from year to year.

Joe Tucci, Chairman and Chief Executive Officer of EMC said EMC’s solid financial results in the first quarter illustrates the power and precision of their execution strategy that offers efficiency, control, choice and greater agility to customers.

“Our three business federation – EMC Information Infrastructure, VMware and Pivotal – focusing on the IT sector is expected to experience high growth in the next decade: cloud computing, Big Data and IT reliable,” he added, in a written statement on Thursday (16 / 5/2013).