Gara-gara OPEX meningkat Net Profit Q1-2012 turun 12% meski Revenue naik 9.3%

XL Axiata Q1 net profit down

By Edhi Pranasidhi, Dow Jones Newswires Monday 30 April 2012

Indonesian operator's increased revenue offset by rising opex.

Cellular operator PT XL Axiata said Monday its first quarter net profit fell 12% to IDR667 billion from IDR756 billion a year earlier as higher revenue was offset by an increase in operating expenses. Revenue for the January to March period rose 9.3% to IDR4.95 trillion from IDR4.53 trillion in the same period a year earlier. Operating expenses, which include salaries and employee benefits, sales commissions, advertising and promotion and infrastructure expenses, rose 18% to IDR2.50 trillion from IDR2.12 trillion. Assets as of March 31 totaled IDR33.82 trillion, compared with IDR27.92 trillion previously.