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WOM finance loss Rp. 65,206 milliard

Until the tird quartal 2007, Income of PT Wahana Ottomitra Multiartha Tbk (WOM Finance) has been increasing from the last year (2006), Rp. 811,171 miliard become to Rp. 893,314 miliard, or growth to the amount 10,13 percent. But, from the January till September 2007, the company has been loss Rp. 65,206 miliard. 

This condition cause of increase the company expenses from Rp. 682,89 miliar become to Rp. 986,9 miliar. The expenses consist of increase of allowances for doubtful accounts from Rp. 100,77 miliard become to Rp. 453,38 miliard, and also for loan expenses from Rp. 306,7 miliard has increase become to Rp. 446,9 miliard. 

The financial report of the company was published in Jakarta Stock Exchange (JSE), Jakarta by Suwandi Wiratno as a president director of WOM Finance at Friday, November, 09th of 2007 (www.okezone.com).

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    November 11th, 2007 at 7:24 am

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