JAKARTA (Yosefardi) – ICT retailer PT Trikomsel Oke Tbk (TRIO), which is also parent of Global Teleshop (GLOB), projects 20% growth in net profit this year, supported by projected 15% growth in revenue.
The company booked net profit of Rp574.6 billion last year on sales of Rp10.37 trillion. By end 2013, TRIO’s assets jumped 54% to Rp8.24 trillion while liability surged 77% to Rp6.2 trillion. It has cash and cash equivalent of Rp510.45 billion.
The company has last month extended its debt facility of Rp975 billion, provided by 4 banks under a club deal agreement. That 4 banks are Bank Central Asia, Bank Mandiri, Bank Danamon Indonesia, and Bank Negara Indonesia.