Profit BMRI down 10%

PT Bank Mandiri Tbk in 2012 recorded the first three months of earnings decline by 10%compared with last year Rp3, 8 to Rp3 trillion, 4 trillion. Profit declined because of loss of revenue last year and the extraordinary decline in the interest of government bonds.Based on quarterly financial reports I/2012, interest and premium income rose 14.3% toRp11, 39 trillion. Of these headings there are other revenue decreased 65.6% to Rp694billion. As for interest expenses and premiums climbed higher, namely 17.8% to Rp 4, 87trillion. Non-recurring fee income from the sale of Garuda in the last year affect earningsthis year. However, the company claims performance of the company remains positive despite the extraordinary revenue was lost. The Company is optimistic that the loss ofextraordinary income and interest government bonds will not greatly affect the company'searnings this year. According to him, management has a number of strategies mengenjotprofit.