Friday, March 30, 2007

BHAKTI INVESTAMA’S NET PROFIT JUMPED

PT Bhakti Investama Tbk (“Bhakti Investama”) booked a consolidated net profit for the fiscal year of 2006 amounting to Rp229.4 Billion, a more than four time increase compared to the previous fiscal year amounting to Rp51.3 Billion.

Its consolidated revenue increased as well to Rp656.7 Billion, an increase of 286% compared to the previous fiscal year amounting to Rp170 Billion. As of 31 December 2006, PT Bimantara Citra Tbk has already been consolidated into Bhakti Investama.

Bhakti Investama’s liquidity in 2006 was also strong, as reflected by its EBITDA amounting to Rp536,8 Billion, a four time increase compared to the previous year EBITDA amounting to Rp135,1 Billion


Mr. Hary Djaja, President Director of Bhakti Investama said Bhakti Investama performed tremendously in 2006.

“In the future we will continue to develop our existing strategic investments in media, telecommunication and financial sectors which have already performed successfully. And with our strong financial platforms, we are considering in expanding our investments in other business sectors with high growth and strong business prospects .”

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