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Financial Results
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.