REPUBLIKA.CO.ID, JAKARTA -- Telecommunications tower builder and operator PT Tower Bersama (TBIG) recorded net profit of 1.35 trillion or increased 45.6 percent compared to 2012. At a disclosure to Indonesia Stock Exchange on Monday, company reported the net profit supported by revenue growth of 56.8 percent or 2.69 trilllion IDR.

Tower business contributed the highest to company's revenue or about 97.2 percent. Revenue grew 61.2 percent from December 2013, while the rest derived from the repeater.

TBIG's cost of revenue was at 395.79 billion IDR or grew 50 percent, while operating expenses reached 242.43 billion IDR. Company's assets also increased 30.7 percent to 18.71 trillion IDR and the equity stood at 4.11 trillion IDR. The liabilities of company reached 14.6 trillion IDR.

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