JAKARTA (Yosefardi) – Shares of PT Inovisi Infracom Tbk (INVS) soared 19% to Rp800 this morning, but still lost 68% from its peak year to date.
Early last month the Indonesia Stock Exchange (IDX) said it was monitoring transaction on INVS shares as its price movement is considered as not a common movement.
The company booked net profit of Rp200.9 billion in first half of this year on revenue of Rp767.7 billion. Its assets totaled Rp3.48 trillion while liability amounted Rp876.79 billion.