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

Thu Aug 28, 2008 12:49am EDT
 
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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)

 
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