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Gihon Telekomunikasi aims to record 11% revenue growth this year

24 May 2019 12:09

JAKARTA. PT Gihon Telekomunikasi Indonesia Tbk (GHON) aims to record revenue growth of 11% this year, by increasing the tenancy ratio of telecommunication towers.

Rudolf Parningotan Nainggolan, President Director of GHON, said the tenancy ratio in 2018 was at the level of 1.47 times, higher than the previous year's ratio of 1.44 times. Meanwhile, in the first quarter of this year, the tenancy ratio at the end of March has increased to 1.52 times.

"Revenue growth of 11% to Rp 120.6 billion, " said Rudolf on Friday (24/5) when met by idnfinancials.com. 

As of the end of March, GHON had 557 telecommunications towers. (KR/AR)

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