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Visi Telekomunikasi generated Rp 17.57 billion in revenue in 1H 2019

20 August 2019 05:51

JAKARTA - PT Visi Telekomunikasi Infrastruktur Tbk (GOLD) generated Rp 17.57 billion in revenue in the first semester (1H) of 2019, higher than its record in 1H 2018 of Rp 16.11 billion.

Based on the company's financial statements, this was mainly caused by higher revenue from four of the company's customers, namely PT Hutchison 3 Indonesia, PT XL Axiata Tbk, PT Telekomunikasi Selular, and PT Smartfren Telecom. However, some of the company's customers, such as PT Internux, PT Nokia Solutions, and PT Huawei Tech Investment, did not contribute to GOLD's revenue in the first half of 2019.

In 1H 2019, the company recorded a gross profit of Rp 12.98 billion, operating profit of Rp 6.06 billion, and net profit of Rp 1 billion. (LK/AR)

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