JAKARTA (Yosefardi) – PT Profesional Telekomunikasi Indonesia (Protelindo), fully controlled by PT Sarana Menara Nusantara Tbk (TOWR), booked net profit of Rp149.93 billion in 2013, dropped 57% from Rp346.6 billion in 2012.
Revenue increased 41% to Rp3.19 trillion but cost of revenue also rose 57% to Rp1.14 trillion. Its assets totaled Rp15.58 trillion while liability amounted Rp11.89 trillion. It has cash and cash equivalent of Rp1.5 trillion.
Meanwhile, TOWR posted net profit of Rp169 billion only in 2013, crashed 51.3% from 2012. While revenues rose 41% to Rp3.19 trillion. Its assets totaled Rp15.53 trillion while liability amounted Rp11.89 trillion.