Consistently Carrying Out Transformation, Telkom Records Positive Performance – 2024-03-28 04:43:35

by times news cr

2024-03-28 04:43:35

PT Telekomunikasi Indonesia (Telkom). Telkom dock photo

jpnn.comJAKARTA – PT Telkom Indonesia recorded positive financial performance throughout 2023 by posting consolidated revenue of IDR 149.2 trillion or growing by 1.3% compared to the same period last year.

The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) was recorded at IDR 77.6 trillion with an EBITDA margin of 52.0%.

Meanwhile, the company’s net profit grew double digits by 18.3% YoY to IDR 24.6 trillion at the end of 2023.

This positive achievement was contributed by the growth of the Data, Internet & IT Service business which grew 6.5% YoY to IDR 87.4 trillion.

Meanwhile, IndiHome and Interconnection services also recorded quite satisfactory revenue growth at 2.7% YoY and 7.0% YoY.

“By focusing on transformation and implementing the main strategy of 5 Bold Moves, thank God Telkom was able to record positive performance both financially and operationally. Of course, this is not easy, amidst the existing challenges. “However, what Telkom has achieved now shows a positive signal and encourages us to continue the transformation,” said Telkom President Director, Ririek Adriansyah.

In the Mobile and Consumer segments, Telkomsel as a subsidiary of Telkom recorded positive performance reaching IDR 102.4 trillion.

This achievement was driven by Digital Business growth of up to 7.6% YoY to IDR 78.5 trillion with a contribution of total revenue of 88.0% from the previous year’s 81.9%.

In the Mobile and Consumer segments, Telkomsel as a subsidiary of Telkom recorded positive performance reaching IDR 102.4 trillion.

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