Apr 20, 2011

MNC targets Rp8 trio revenue in 2011

Integrated media company PT Media Nusantara Citra Tbk (MNC) is still optimistic to reach its revenue target this year of 64.95% from last year's figure.
"We target to post revenue of Rp8 trillion this year from Rp4.85 trillion last year," said MNC CEO Hary Tanoesoedibjo as quoted by Kontan today.
The revenue main driver remains ads spending which tends to rise. MNC is estimated to have 40% of Indonesian's audience share.

Disclosure: No position at the stock mentioned above.  

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