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Financial Results

  March 2017
Audited
March 2016
Audited
March 2015
Audited
Change[1]
  MMK'000 US$'000 MMK'000 US$'000 MMK'000 US$'000 %
Assets 24,554,229 18,028 10,950,319 9,005 9,761,319 9,505 124.23%
Loans and Advances - Net 20,975,180 15,400 9,985,460 8,212 8,819,689 8,588 110.06%
Liabilities 13,121,163 9,634 1,277,672 1,051 1,103,588 1,075 926.96%
Deposits 1,020,427 749 440,882 363 310,815 303 131.45%
Share Capital 8,000,000 5,874 8,000,000 6,579 8,000,000 7,790 0.00%
Shareholder's Equity 11,433,065 8,394 9,672,647 7,954 8,657,731 8,430 18.20%
Gross Income 5,447,034 3,999 3,827,350 3,147 3,636,820 3,541 42.32%
Profit Before Income Tax 2,386,406 1,752 1,374,055 1,130 1,324,530 1,290 73.68%
Net Profit After Tax 1,760,418 1,293 1,014,916 835 993,398 967 73.45%

The Year 2016/17 of ACLEDA MFI Myanmar Co., Ltd.

ACLEDA MFI Myanmar Co., Ltd. has been opened for just over four years but it has achieved a strong performance. Profit before income tax for the year end 2016/17 was US$ 1,752,134 and US$ 1,129,979 in 2015/16 while credit was US$ 15,400,279 in 2016/17 and US$ 8,211,727 in 2015/16 with 48,531 active borrowers at year-end. The net profit after tax was US$ 1,292,524 in 2016/17 and US$ 834,635 in 2015/16. Our Head Office in Yangon and all our branches are using in-house systems developed by our parent company in Cambodia.

  • [1]. Change from March 2016 to March 2016.
  • Fiscal year in Myanmar runs from April 1 to March 31.
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