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Monday, August 1, 2011

PT. Telekomunikasi Indonesia Tbk - Negative Growth of Net Profit by 1.5%

PT Telekomunikasi Indonesia Tbk (Telkom) in the first half of 2011 net profit of Rp 5, 94 trillion or 1.5% lower compared to the same period the previous year Rp6, 03 trillion.

In a financial report released today, the profit for the period the company recorded Rp 5, 93 trillion, down 1.65% from the previous Rp6, 03 trillion. Telkom's operating revenue rose 2.22% to Rp34, 45 trillion, compared with the previous Rp33, 70 trillion.

However, operating expenses TLKM securities issuers coded it also increased 5.18% from Rp22, 37 trillion to Rp23, 53 trillion.

The impact is the company's operating income fell 3.62% to Rp10, 92 trillion, compared with the previous Rp11, 33 trillion.

Telkom president director Rinaldi Firmansyah said it has implemented a number of strategic agendas such as the development of broadband infrastructure.

"We are confident that existing capacity is currently able to encourage the achievement of sustainable growth and adapt to the dynamics of the telecommunications industry," he said in a press release.

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