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Adequate Performance: Fitch forecasts SMI's net income after tax to increase over the budget period to IDR214bn in FY14 from IDR93bn in FY12. The growth in net income is primarily driven by net operating income increasing to IDR272bn in FY14 from IDR119bn in FY12 as a result of increased lending activities. Nonetheless, profit maximisation is not the ultimate goal for this company due to its primary policy role.
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