JAKARTA – PT Adira Dinamika Multi Finance Tbk (ADMF) reported a 14.7% year-on-year decline in net profit in 2025, reflecting persistent pressure in the automotive industry.

In its 2025 financial performance presentation, management cited data from the Indonesian Motorcycle Industry Association (AISI), which showed motorcycle sales rising only 1% to around 6.4 million units.

By contrast, domestic car sales fell 7% to 803.7 thousand units amid weak purchasing power and a shift towards electric vehicles.

In line with those trends, ADMF recorded a 25.5% increase in new motorcycle financing to IDR 17.7 trillion, while car financing slipped 2.3% to IDR 12.5 trillion.

The fastest growth was seen in the non-automotive segment, covering multipurpose financing and heavy equipment, which rose 32.7% to IDR 13 trillion.

The company said the quality of its financing portfolio improved, as reflected in a non-performing financing (NPF) ratio that declined to 2%, below the industry average of 2.5%.

According to its latest financial statements, ADMF’s revenue still grew 2.9% to IDR 12.1 trillion.

However, operating expenses surged 14% to IDR 5.3 trillion in 2025, weighing on profit, which fell 14.7% to IDR 1.5 trillion.

Looking ahead, ADMF will continue to focus on its three main financing segments, including the automotive industry, which it believes has room to recover.

AISI projects domestic motorcycle sales to remain stable at 6.4–6.7 million units in 2026. Meanwhile, domestic car sales rose 7% year-on-year in January 2026.

At the same time, ADMF will seek to further expand its non-automotive segment. “We will broaden our financing products by offering a range of facilities for non-automotive businesses, such as multipurpose financing,” management added. (ZH)