Jan 27, 2012

XL Axiata FY11 net profit retreats 2.08%

Indonesia's third largest cellular opertator PT XL Axiata Tbk (EXCL) today reported a slight decrease of 2.08% in net profit last year.
In a financial statement filed to Indonesia Stock Exchange today, XL posted Rp2.83 trillion net profit last year from Rp2.89 trillion a year earlier.
Gross revenue rose 7.26% to Rp18.92 trillion from Rp17.64 trillion. President Director Hasnul Suhaimi at XL Axiata, in a press statement, said the performance slightly increased as telecommunication industry has maturated.

Disclosure: No position at the stock mentioned above.

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1 comment:

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