Indosat (ISAT) only reported a 2.1% growth in net profit, to Rp1.3 trillion in 2017 as revenue rose 2.5% to Rp29.9 trillion. Revenue from cellular only increased 1.7% to Rp24.49 trillion. Weaker performance in the fourth quarter (Q4) of 2017 affected to flat growth for full year. ISAT’s cellular revenues declined 6.3% to Rp5.76 trillion in said quarter. Operating profit fell 25.9% to Rp758 billion and Ebita declined 11.6% to Rp2.85 trillion.To subscribe please click here
