INET: Expansionary Projects, Targeting 30x in Additional Revenue

Key Summary:
- INET recoded substantial revenue and net profit growth in 1Q25
- 2 flagship projects are expected to increase revenue significantly
- Company plans to do rights issue to finance these projects
Sinergi Inti Andalan Prima (INET) reported its 1Q25 financial results, with net profit growth recorded at +190% YoY as net margin improved to 12.7% and revenue increased by +57% YoY.
About the company: INET, also known as Sinergy Networks, is an Indonesian digital infrastructure firm established in 2016, which has partnered with notable clients such as DCII and WIFI.