Weak 2005 for Bank Lippo


JAKARTA: PT Bank Lippo, an Indonesian lender controlled Malaysia's Khazanah Nasional Bhd, said its profit fell 54% last year on lower non-banking income. 

Net income declined to 412.1 billion rupiah (US$45mil) from 892.7 billion rupiah a year earlier, the company said in a statement published in Investor Daily newspaper. 

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