Sinarmas Group’s First Half Financials (1): FREN’s Burden

PT SmartFren Telecom (FREN) Tbk, CDMA-based operator, booked net loss of Rp815 billion in the first half of 2015, increased by 24.7% from the corresponding period of 2014. This Company continued to absorb Sinarmas Group’s funds, and probably more going forward.To subscribe please click here