Link Net (LINK), cable TV and broadband internet provider, booked net profit of Rp773 billion in the first nine months to September (9M) of 2019, declined 5.3% year on year (y/y) as operating profit fell 5.9% to Rp1.05 trillion, and revenues declined 1% to Rp2.77 trillion. Gross profit increased by 1.1% to Rp2.23 trillion. For the third quarter (Q3) period, revenues increased by 1.2% to Rp960 billion, but operating profit fell 7.9% to Rp345.17 billion. Net profit fell 8.7% to Rp245.54 billion.
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