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Inovisi eyes IDR306 billion revenue

JAKARTA: PT Inovisi Infracom Tbk, the information technology infrastructure provider, is eyeing IDR306 billion revenue by 2011 after it completed the acquisition process over the company belonging to Novel Capital Limited and True Accurate Limited.Inovisis

JAKARTA: PT Inovisi Infracom Tbk, the information technology infrastructure provider, is eyeing IDR306 billion revenue by 2011 after it completed the acquisition process over the company belonging to Novel Capital Limited and True Accurate Limited.Inovisis corporate secretary, Benita Sofia said that Inovisi is estimated to record IDR46.1 billion net income by 2011 referring to such assumed revenue figure.This year, our revenue may reach IDR235 billion as it may touch IDR306 billion by next year. In the bottom line, we posted 30% of average growth, she said through short message today. The company, whose stock code INVS, is also projected to gain IDR32.8 billion net profit until the end of this year.During the 9M/2010, the company recorded IDR148.91 billion revenue or 63% of the revenue forecast until the end of 2010. Inovisi has also booked IDR73.20 billion net income. (t02/wiw)

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