• Most Popular
  • Most Shared

Indonesia Indosat's first-half net profit jumps 25 pct

Thu Aug 28, 2008 12:49am EDT

Stocks

   

JAKARTA, Aug 28 (Reuters) - Indonesia's second largest listed telecommunications company, PT Indosat Tbk (ISAT.JK), reported on Thursday a 24.9 percent rise in first-half net profit, thanks to a robust mobile phone business.

The company, which signed up 7.9 million new mobile subscribers in the first half, booked a 14.9 percent rise in revenue.

Indosat, around 40 percent owned by Qatar Telecom QTEL.QA, said in a statement net profit for the January-June period was 1.06 trillion rupiah ($115.8 million) compared to a revised figure of 845.1 billion rupiah for the previous year. ($1 = 9,155 rupiah) (Reporting by Andreas Ismar, writing by Harry Suhartono, editing by Sugita Katyal)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets