Underestimating Competitors, MNC Sky Vision Moves Against Its Claims

PT MNC Sky Vision (MSKY) Tbk booked net loss of Rp130 billion in the first quarter of 2015 against profit of Rp136 billion in the same period of 2014. While this was attributable to huge non-cash losses in foreign exchange translation, one can’t ignore the fact that MSKY’s revenues grew significantly smaller than some of its competitors. To subscribe please click here