We are pleased to announce that Danarupiah has shared their 2024 consolidated financial results with us.
The financial statement provided for 2024 shows that the company’s total operating income was 25.0 million EUR (429 billion IDR), indicating a 7% growth from 2023.
Danarupiah generated a net profit of 13.8 million EUR (237 billion IDR) for 2024. Their net loan portfolio size also shows consistent growth from 43.0 million EUR (734.2 billion IDR) in 2023 to 49.2 million EUR (826.8 billion IDR) in 2024.
Since one of the subsidiaries changed the presentation currency from SGD to IDR, there might be some differences in the comparable period due to the different accounting treatments upon consolidation.
Since December 2021, Danarupiah has been onboarded to the Income platform, and our investors have already invested over 77 million EUR in loans originated by Danarupiah, earning 1.8 million EUR.
Investing in loans originated by Danarupiah yields up to 13% per annum, making it an attractive option for those looking to grow their investments.
