Financial InformationFinancial Results

Financial Results

	Sep 2019 Audited		Mar 2019 Audited		Mar 2018 Audited		Change^[1]
	MMK'000	US$'000	MMK'000	US$'000	MMK'000	US$'000	%
Assets	60,306,766	39,344	49,448,993	32,642	34,749,153	26,029	21.96%
Loans and Advances - Net	50,262,034	32,791	40,505,820	26,738	32,118,918	24,059	24.09%
Liabilities	35,452,735	23,129	32,637,381	21,544	20,325,638	15,225	8.63%
Deposits	7,579,309	4,945	5,938,686	3,920	3,151,023	2,360	27.63%
Share Capital	14,100,000	9,199	8,000,000	5,281	8,000,000	5,993	76.25%
Shareholder's Equity	24,854,031	16,215	16,811,612	11,098	14,423,514	10,804	47.84%
Gross Income	7,293,284	4,758	11,454,292	7,561	9,135,087	6,843	-36.33%
Profit Before Income Tax	2,589,891	1,690	3,241,160	2,140	4,037,351	3,024	-20.09%
Net Profit After Tax	1,942,419	1,267	2,388,098	1,576	2,990,449	2,240	-18.66%

The Fiscal Year 2019 (Transition Period) of ACLEDA MFI Myanmar Co., Ltd.

ACLEDA MFI Myanmar Co., Ltd. has been opened for over seven years. Profit before income tax for the transition period (April to September 2019 ) was US$ 1,689,647 and US$ 2,139,520 in 2018/19 while credit was US$ 32,790,993 in transition period and US$ 26,738,280 in 2018/19 with 94,882 active borrowers at transition period end. The net profit after tax was US$ 1,267,236 in transition period and US$ 1,576,406 in 2018/19.

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 2019 to September 2019.
Fiscal year in Myanmar starts from Octber 1 to September 30. The new fiscal year has been changing from October 2019.