Telco operator XL Axiata (EXCL) booked a net profit of Rp2.07 trillion in the first nine months to Sept. (9M) of 2020. It jumped by threefold from Rp498 billion profit in the corresponding period of 2019, as the company booked Rp1.97 trillion from tower sale and leaseback. In the first 9M of last year, XL only gained Rp317 billion from tower sales and leaseback.
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