Telkom Posts Rp6.12 Trillion Net Profit in Q1 2022

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Cindy Mutia Annur 12/05/2022 10:40 WIB

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Telkom Indonesia (Persero) Tbk (TLKM) reported a net profit of Rp6.12 trillion in Q1 2022.

Telkom's Net Profit, Quarter I (2018-2022)

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Telkom's Net Profit, Quarter I (2018-2022)

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PT Telkom Indonesia (Persero) Tbk (TLKM) reported a net profit of Rp6.12 trillion in Q1 2022. This figure represents a 1.7% year-on-year (yoy) increase compared to the Rp6.01 trillion profit in Q1 2021.

This profit increase was achieved alongside a rise in the company's revenue, which totaled Rp35.21 trillion in Q1 2022, a 3.7% yoy growth.

Meanwhile, Telkom's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached Rp19.4 trillion, a 1.7% yoy increase.

The strong performance of IndiHome and Telkomsel's Digital Business remained the key drivers of the company's revenue growth.

In the fixed broadband segment, IndiHome recorded revenue of Rp6.9 trillion, a 7.9% yoy increase, contributing 19.5% to the company's total revenue.

The number of IndiHome subscribers reached 8.7 million by the end of March 2022, a 7.2% yoy growth.

In the mobile segment, Telkomsel reported revenue of Rp21.3 trillion. The number of Telkomsel subscribers at the end of March 2022 reached 175 million, with 119.8 million mobile data users, representing a 4.3% yoy growth.

Data traffic also grew by 19.2% yoy. The total number of Base Transceiver Stations (BTS) owned by Telkomsel at the end of the first quarter of 2022 reached 247,930 units, a 5.9% yoy increase, with 197,721 of them being 3G/4G/5G BTS.

Telkom's net profit in Q1 over the past five years has been fluctuating, with the lowest level recorded in Q1 2018 at Rp5.73 trillion.

The figure then increased to Rp6.22 trillion in 2019 and fell again to Rp5.86 trillion in 2020.

Nevertheless, this state-owned company finally managed to increase its net profit in the last two years.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Telkom Posts Rp6.12 Trillion Net Profit in Q1 2022

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