Indosat Q1/2012 Net Profit anjlok 12%

Setali tiga uang dengan XL, Net Profit Indosat di kuartal pertama tahun ini pun melorot 12% meski Revenue naik 2.1% didorong dari pertumbuhan pelanggan sebesar 14%. Indosat Q1 net profit slumps

By Andreas Ismar, Dow Jones Newswires Monday 30 April 2012 http://www.totaltele.com/view.aspx?ID=473133&mail=756&C=5

Indonesian operator posts net profit of US$1.8 million.

Indonesian telecommunications company PT Indosat said Monday its first-quarter net profit slumped to IDR16.7 billion ($1.8 million) from IDR483.7 billion a year earlier. Indosat, controlled by Qatar Telecom, or QTel, booked a revenue of IDR4.98 trillion in the quarter ended March 31, up 2.1% from IDR4.87 trillion in the previous year. The company didn't provide a reason for the fall in profit, but will publish detailed earnings on May 8. Its parent QTel, however, attributed its 12% decline in net profit on foreign exchange losses from Indosat. Indonesia's second biggest telecommunications firm by subscribers said its cellular subscribers rose 14% to 52.1 million in the first three months of the year.