PT Telkom Indonesia Achieved Operation Net Profit of IDR 25.86 trillion in 2022

PT Telkom Indonesia (Persero) Tbk managed to close the 2022 financial year with a satisfactory performance. The issuer with the ticker code TLKM succeeded in posting a net operating profit of IDR 25.86 trillion, a growth of 7.7% compared to the same period the previous year. The profit earned was supported by consolidated revenue, which was recorded at IDR 147.31 trillion and grew by 2.9% compared to the same period last year. Meanwhile, the company’s EBITDA was recorded at IDR 78.99 trillion, or 4.3% YoY. “Thank God, Telkom can close 2022 with quite satisfactory results, both from the aspect of financial and operational performance. The achievement of this performance is the output of the company Telkom, Ririek Adriansyah in a written statement, Saturday (3/26/2023).

In the mobile segment, Telkomsel, as a subsidiary of Telkom, managed to record revenue of IDR 89.04 trillion, growing 1.8% from the same period last year. Digital Business is a contributor to performance growth, with a contribution of 81.9% of total revenue. This segment grew positively by 6.9% YoY to IDR 72.93 trillion compared to the same period in 2021. Telkomsel served 156.8 million customers with payload data that grew positively up to 18.7% YoY to 16,426,853 TB and payload consumption touching 11,962 MB per data service user or growing 16.1% YoY. Telkomsel officially became the winner of the 2.1 GHz frequency auction from the Ministry of Communication and Informatics in November 2022.

            In the consumer segment, IndiHome’s revenue reached IDR 28.0 trillion, or 6.4% growth from the same period last year, with a contribution of 19.0% of the company’s total income and EBITDA, which was stable in the range of 50%. The 90% of Indihome’s revenue is contributed by its customers and the rest of the enterprise segment. IndiHome closed 2022 with customer growth of 7.1% from the end of last year to 9.2 million customers, 63% of whom were dual-play customers and 37% were triple-play customers.

            Meanwhile, the wholesale and international segment revenue grew 8.3% yoy to IDR 15.4 trillion, contributed growth in the international wholesale sound service business and digital infrastructure business. In the tower business, Mitratel, as a subsidiary of Telkom, also successfully confirmed its position as the largest tower company in Southeast Asia based on telecommunications tower ownership, through ownership of 35,418 tower units with a tenancy ratio of 1.47x. Mitratel posted an income of IDR 7.7 trillion, which grew 12.5% yoy, which was mainly driven by the acquisition of tower rental. EBITDA and company net profit throughout 2022 grew positively by 18.5% and 29.3%, respectively.

March 26, 2023, CNBC Indonesia

(https://www.cnbcindonesia.com/market/20230326114700-17-424535/telkom-sukses-cetak-laba-bersih-operasi-rp-2586-t-di-2022)