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INDOSAT (ISAT IJ): 1Q17 Results

Indosat Tbk PT (ISAT IJ) : For 1Q17, ISAT's revenues increased 7.0% yoy from IDR 6.8 tn to IDR 7.2 tn  much slower than that of TLKM which reported double digit growth of 12.7%, despite having much higher base than Isat. EBITDA increased 4.7% yoy from IDR 2.9 billion to IDR 3.1 billion. EBITDA Margin reached 42.5%, and was impacted by 100bps due to one off costs under-accrued in previous quarters. Net profit decreased from IDR 217 billion to IDR 174 billion and formed only 9.5% of...(continued)

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INDOSAT (ISAT IJ): 1Q17 Results

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