Tower Bersama Infrastructure (TBIG) booked net profit of Rp492 billion last year, less than half of Indosat (ISAT)’s. The company’s profitability ratios, however, confirmed that..’it is more profitable renting towers to telco operators’ than being the operator itself. Cement maker Holcim Indonesia also reported strong results, a positive signal for Siam Cement Group, whose boss met President SBY Tuesday.

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