Indobusiness - PT XL Axiata Tbk (EXCL) booked a net profit of Rp 316 billion at the end of March 2013. Profit decreased 52% from the same period profit of Rp 667 billion the previous year. One reason is the load losses.EXCL
coded thin it posted revenue growth of 2% to Rp 5.05 trillion, which is
triggered by the increase in data service revenues by 16%.According
to President Director of XL, Hasnul Suhaimi, another factor that led to
the fall of profits and sales are stagnant it is BTS infrastructure to
increase service capacity, which is mostly done by XL during the
previous period, so that the absorption tower rental expenses incurred
for the period starting the first quarter of this"The
first quarter is always seasonally (seasonal). As in previous years, XL
achievements begin with a rather heavy, but we always managed in the
following quarters," Hasnul said in a press release, Wednesday
(05/01/2013)."The
other thing is the burden of losses to be borne XL is Rp. 26 billion,
so that in the end only XL profit of Rp 316 billion," he added.XL goal this year is more improve network utilization as well as to prioritize the expansion of infrastructure data. Until
the first quarter of 2013, the XL has got BTS 39 819, including 13 295
Node B to support increased use of data on the experience of the
customer.The
telecommunications company has spent Rp 1.98 trillion for investment in
the first three months of 2013, most of which use internal funds.The
Company has also signed a new loan agreement with Bank Mandiri Rupiah
in January 2013 amounting to Rp 500 billion and Rp 2.5 trillion. XL also has signed a new credit agreement with BTMU dollar at U.S. $ 110 million in March 2013.Hence
the activity and the amount of debt financing XL increased to Rp 14.7
trillion from Rp 11.5 trillion in the previous year, and net debt /
EBITDA increased from 1.0x to 1.5x.
0 comments:
Post a Comment