27 Nov 2020 14:32 (5 bulan 13 hari lalu) -
JAKARTA. PT Paninvest Tbk (PNIN), an insurance company owned by the Panin Group, announced a net profit of IDR 697.03 billion during January-September (9M) 2020, dropped 30.17% year-on-year (yoy). PNIN's management explained that the decline was due to the company's net premium income, only reached IDR 1.74 trillion, 38.14% lower than last year in the same period. On the other hand, investment business activities during 9M 2020 only generated IDR 581.72 billion, 2% lower than the investment acquisition in the same period last year. Moreover, the losses from PNIN's securities and mutual fund businesses in 9M 2020 reached IDR 649.2 billion, 2 ...
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