XL Axiata Files Shock Loss after Rising Costs
Business and Economics 245Added on January 27, 2016
Author Mario Fink
ISBN 9781312642133
Published October 30, 2014
Language English
Pages 2
File Size 520.73 KB
XL Axiata Files Shock Loss after Rising Costs 520.73 KB - Jakarta. XL Axiata, Indonesias second-largest mobile phone operator by users, posted a Rp 901.2 billion ($74.5 million) loss in the first nine-month of this year, a huge swing from the Rp 917 billion in profit in the same period last year, the company said in a filing to the Indonesian stock exchange.
XL, majority owned by Malaysian telecommunication company Axiata Group, posted a 10.9 percent increase in its revenue in the period, but it wasnt enough to offset the drag of its rising costs. Do you want to download or read a ebook? It is available in PDF or epub format in the source
Source: lulu
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