PT JACCS MPM Finance Indonesia has set a new financing target for this year of Rp3.81 trillion or 45.76% lower than the previous year, which reached Rp7.04 trillion.

Based on the JACCS MPM Finance 2020 annual report quoted on Monday (31/5), the company projects revenue of Rp1.44 trillion, with a net loss of around Rp84.31 billion this year.

The company also plans to acquire total assets of Rp7.99 trillion, consisting of Rp6.82 trillion in liabilities and Rp1.17 trillion in equity.

Management believes that this performance projection is in line with the improvement in the national economy. The management said the automotive market is starting to get excited, thus impacting the financing industry, which is estimated to grow by around 5%.

In addition, the construction sector will also have good prospects this year. One of the drivers is the government's plan to launch the SWF to finance the gap between ABPN and the budget needed for infrastru