JAKARTA (Yosefardi) – PT Tiphone Mobile Indonesia Tbk (TELE) posted net profit of Rp294.91 billion in 2013, grew by 44.8% from Rp203.62 billion in 2012.
Revenue increased 28% to Rp10.48 trillion from previous Rp8.19 trillion. Cost of revenue also rose 27.3% to Rp9.86 trillion from earlier Rp7.74 trillion. Operating profit jumped 50% to Rp448.45 billion from Rp298.28 billion in 2012.
Its assets surged 154% to Rp3.45 trillion while liability soared to Rp2.07 trillion from Rp250 billion in 2012. It has cash and cash equivalent of Rp492.9 billion.