PT Indosat Tbk : Indosat Submits Limited Reviewed Financial Results

About this update from Pt Indosat Tbk Class B

Indosat Submits Limited Reviewed Financial Results For Nine Months Ended 30 September 2013 Consolidated revenue grew 9.4% for the nine months period ended 30 September 2013 Jakarta, Indonesia, 7 November 2013: PT Indosat Tbk ("Indosat" or the "Company") (Ticker: ISAT: IDX) is pleased to announce that the Company has filed its limited reviewed interim consolidated financial statement for the nine months ended 30 September 2013 prepared in accordance with Indonesian Financial Accounting Standards (IFAS) to the appropriate capital market authorities. A full review of the results is available on the Company's website at www.indosat.com. The Company recorded a 9.4% year-on-year growth for the period in consolidated operating revenues, delivering total revenues of IDR 17.8 trillion for the nine months 2013. EBITDA grew 3.9% to IDR 7,966.3 billion (9M 2012: IDR 7,671.0 billion), implying an EBITDA margin of 44.8%. Operating expenses increased by 20.2% for the period primarily driven by higher cost of service, depreciation and amortization, personnel costs, general & administration expenses, and marketing expenses. Indosat's cellular, fixed data (MIDI) and fixed voice businesses contributed 81%, 14% and 5% respectively to the Company's consolidated operating revenue. Financial and Operational Highlights: Quarterly Analysis Year on Year Analysis 3Q 2013 2Q 2013 % change 3Q 2013 2Q 2013 % change 9M 2013 9M 2012* % change 3Q 2013 2Q 2013 % change Revenues (IDRbn) Cellular (IDRbn) Non-Cellular (IDRbn) 6,091.2 4,907.9 1,183.3 5,919.9 4,820.5 1,099.4 2.9 1.8 7.6 17,799.3 14,479.7 3,319.6 16,275.4 13,455.5 2,819.9 9.4 7.6 17.7 Expenses (IDRbn) 5,764.3 5,289.3 9.0 16,278.5 13,538.1 20.2 Operating Profit (IDRbn) 326.9 630.6 (48.2) 1,520.8 2,737.3 (44.4) Other Expenses - net (IDRbn) (2,318.7) (791.0) 193.1 (3,722.4) (2,139.4) 74.0 EBITDA** (IDRbn) 2,655.3 2,681.8 (1.0) 7,966.3 7,671.0 3.9 EBITDA Margin (%) 43.6% 45.3% (1.7) 44.8% 47.1% (2.3) Loss on foreign exchange - net (IDRbn) (1,989.4) (260.8) 662.7 (2,312.1) (641.9) 260.2 Profit (Loss) For the Period Attributable to Owners of the Company (IDRbn) (1,535.1) (160.1) 859.4 (1,766.2) 475.7 (471.3) Cash-out Capex (IDRbn) 2,515.7 2,749.8 (8.5) 7,877.6 4,467.5 76.3 Total Debt (IDRbn) 22,241.1 20,299.2 9.6 22,241.1 21,847.5 1.8 Obligation Under Capital Lease (IDRbn) 3,793.0 3,429.0 10.6 3,793.0 3,368.8 12.6 Total Cellular ...

View stock analysis, news, and events for Pt Indosat Tbk Class B