JAKARTA (Yosefardi) – ICT retailer Trikomsel Oke (TRIO), which is also parent of Global Teleshop (GLOB), booked net profit of Rp110.24 billion in first quarter of this year, declined 2.6% from Rp113.88 billion in the same period of last year.
Revenues grew by 28% to Rp3.136 trillion from previous Rp2.446 trillion. Cost of revenues also rose 29% to Rp2.71 trillion from earlier Rp2.1 trillion.
Sales of cellular phones surged 260% to Rp2.33 trillion, compared to Rp647.45 billion in first quarter of 2013. While sales of voucher increased 17% to Rp629.88 billion from previous Rp538.2 billion.
The company’s assets reached Rp8.09 trillion while liability amounted Rp5.96 trillion. It has cash and cash equivalent of Rp458.08 billion.