Indosat gain net profit Rp845 billion in nine months

PT Indosat OoreedoTbk (IDX:ISAT) gain net income during the first nine months of 2016 amounted to Rp845.35 billion. Obtaining it turned from a net loss the company bagged the first nine months of last year amounted to Rp1.12 trillion. The net profit gained due from January to September 2016 festive Indosat net foreign exchange gains amounted Rp408,32 billion. Meanwhile, in the same period last year, ISAT it pocketed net foreign exchange loss of Rp1.88 trillion. The company’s financial costs in the first nine months of 2016 decreased 22.5% year-on-year also make the bottom line improved. On the revenue side, in the first nine months of this year rose 9.92 percent to Rp21,52 trillion. Revenue from mobile rose 11.88 percent, revenue from multimedia, data communication, internet increased by 6.68 percent, and revenues from fixed telecommunications slumped 16.9 percent. ISAT posted EBITDA amounted to Rp9,46 trillion, up 10.5 percent with margin at 44 percent, up 20 bps from the same period last year.