July 18 2012 – Media Nusantara Citra, the country’s largest listed media group, booked a 41 percent year-on-year increase in net income in the first half of 2012, the company has said.
Net income in the January to June period rose to Rp 749 billion ($79 million) from Rp 530 billion in the same period the previous year.
“Net income was boosted by a rise in operating net income and a lower interest cost as we paid our bonds in September 2011,” MNC said in a statement on Monday.