*As seen our past tweets:*

[image: Inline image 1]

*Miss estimates*
*Value? Premium*
*Net profit Q4 q-o-q year ago? Just 6.4%*
*Dividend income? Being Cut 20%*
*NIM 2012 prospect? Under Pressure*
*Competition 2012? Extremely tough*

http://tinyurl.com/7f9bkkx


I*ndonesia's Bank Mandiri Q4 net profit rises 6.4 pct*
(
http://www.reuters.com/article/2012/03/08/mandiri-result-idUSJ9E8D600D20120308
)

JAKARTA, March 8 | Thu Mar 8, 2012 4:17am EST

JAKARTA, March 8 (Reuters) - Bank Mandiri, Indonesia's biggest lender, saw
fourth quarter 2011 *net profit up 6.4 percent*, on lending growth as
benchmark interest rates were cut to a record low.

The firm's fourth quarter net profit was 3.0 trillion rupiah ($329.31
million), compared with 2.82 trillion rupiah in the same period a year
earlier, Reuters calculations showed based on published full-year and
nine-month results.

State-owned Mandiri, which aims to expand its reach into Southeast Asia and
China, reported on Thursday *full year 2011 net profit of 12.2 trillion
rupiah*. This compared with a net profit of 9.2 trillion rupiah in the
year-ago period.

Analysts *forecast full-year 2012 net profit at 13.57* trillion rupiah,
according to Thomson Reuters' I/B/E/S.

The lender's shares rose 2.3 percent ahead of the result . The shares rose
6 percent in 2011, slightly outperforming a 3.2 percent rally in the
Jakarta index. ($1 = 9110 rupiah) (Reporting by Fathiya Dahrul; Writing by
Andjarsari Paramaditha; Editing by Neil Chatterjee)
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