Press Release
Consistent in Yearly Performance Growth
PT. Link Net Tbk Recognized by Forbes Indonesia in 50 Best of the Best
Companies 2017
Jakarta, October 19, 2017 - PT Link Net Tbk., an integrated internet and multimedia service provider know as First Media awarded 50 Best of the Best Companies in Indonesia by Forbes Indonesia. This annual prestigious award is to appreciate the best performing companies listed on the Indonesia Stock Exchange. PT Link Net Tbk. place second on the 50 best companies in Indonesia with Rp 818.56 billion in Net Profit and Rp 16.20 trillion of market capitalization for its performance in 2016.
On this opportunity, Edward Sanusi, Operation Director of PT Link Net Tbk., said, "We are very grateful and proud to receive the award for 50 Best of the Best Companies from Forbes magazine, which became one of the benchmarks of the company's success in Indonesia. This award is a testament to our commitment to continue contributes the best performance for our shareholders."
Each assessment has been strictly implemented every year, to ensure that only the best companies are eligible to be the part of 50 Best of the Best Companies. Assessment is based on long-term performance, especially sales, net income and return on equity. Companies that enter the criteria are companies with consistent growth performance over a period of three to five years.
Within the first six months of 2017, PT Link Net Tbk. recorded a consistent increase of financial performance. This is reflected from the first semester revenue which grew at 18.5% to Rp 1.65 trillion, while Operating Profit grew 23% to Rp 662 billion compared to the same period in 2016. Net Profit grew to Rp 490 billion with net profit margin 29.7% in the first semester of 2017, up from 28.5% in the first semester of 2016. This is all supported by sustainable innovation by PT Link Net Tbk.
performance every year and provide the best service for our customers in Indonesia, including a sustainable and profitable growth for our shareholders,” said Edward.
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About Link Net – First Media
PT Link Net Tbk ("Link Net"), established in 1996, is the largest provider of services via cable in Indonesia, providing subscription of high quality television services, high-speed next generation broadband internet, and data communications under the brand “First Media”.
Link Net owns and operates a network of Hybrid Fiber Coaxial cable ("HFC") and Fiber-to-the Home (FTTH) that provide high-speed internet access services to retail and business customers. Link Net also operates a subscription television channel in collaboration with PT First Media Television (“FMTV”), its subsidiary.
For more information, please contact: Duma Grace
Public Relations First Media
Tel. (021) 5577 7755 Fax. (021) 5577 7373
