Telkom CEO: 2012 Net Profit Likely Around IDR12.8 Trillion
Published March 06, 2013
Dow Jones Newswires
PT Telekomunikasi Indonesia (TLKM.JK), or Telkom, likely booked a 2012 net profit of around 12.8 trillion rupiah ($1.3 billion) on the back of a rise in revenue, Chief Executive Arief Yahya said Wednesday.
The net profit figure implied a 17% increase from the IDR10.97 trillion profit posted in 2011. Revenue likely rose to IDR77 trillion from IDR71.3 trillion, Mr. Yahya added.
Telkom, Indonesia's biggest telco provider by assets and subscribers, is expected to publish its full-year earnings before the end of March.