JAKARTA (Yosefardi) – PT Tiphone Mobile Indonesia Tbk (TELE) booked net profit of Rp240.54 billion in first nine months of 2014, grew by 21% from Rp198 billion in the corresponding period of 2013.
Revenue rose 46% to Rp10.18 trillion from previous Rp6.98 trillion. Revenue from voucher and starter packs reached Rp6.3 trillion while cellular phones’ revenue was Rp3.6 trillion.
Cost of revenue also increased 47% to Rp9.6 trillion from earlier Rp6.54 trillion.
Then gross profit was Rp583.76 billion. While operating profit reached Rp393.7 billion, compared to Rp325.16 billion in first nine months of 2013.
TELE’s assets totaled Rp4.99 trillion as at September 2014 while liability amounted Rp2.55 trillion. It has cash and cash equivalent of Rp652.46 billion.