PT Professional Telekomunikasi Indonesia (Protelindo) booked net profit of Rp1.27 trillion in first half (H1) this year, down 3.7% from Rp1.32 trillion in H1 last year. Revenue increased 9% to Rp2.64 trillion but operating profit declined 0.7% to Rp2.02 trillion. Finance cost also rose 27% to Rp361 billion. Protelindo’s main customers are PT Hutchison 3 Indonesia with 36% revenue contribution (Rp959.6 billion), PT XL Axiata Tbk with 24% contribution (Rp634.46 billion), and PT Telekomunikasi Seluler with 20% contribution (Rp519.7 billion). The Company’s assets reached Rp26.46 trillion while liability amounted Rp15.16 trillion. It has huge cash of Rp4.04 trillion.
