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Telkomsel posts IDR 33.95 trillion first quarter revenue

30 June 2021 19:27

JAKARTA - PT Telkom Indonesia Tbk (TLKM) recorded consolidated revenue for the first quarter of 2021 of IDR 33.95 trillion with the Company's Profit before Interest, Tax, Depreciation and Amortization (EBITDA) of IDR 18.81 trillion or grew 0.3% YoY and recorded a net profit of IDR 6.01 trillion or grew by 2.6% over the same period last year.

The achievement of EBITDA and net profit in the first quarter of 2021 was higher than analysts' consensus. This good achievement cannot be separated from the performance of IndiHome's fixed broadband service which is getting stronger from time to time. IndiHome's revenue grew by 25.0% YoY to reach IDR6.35 trillion, driven by customer growth and an improving Average Revenue Per User (ARPU).

As a result, IndiHome's revenue contribution increased significantly from 14.8 percent last year to 18.7 percent of the company's total consolidated revenue. IndiHome's EBITDA margin also increased significantly to 45.2% from 38.9% in 2020.

Meanwhile, in the Mobile segment, Telkomsel showed better digital business performance with revenues of IDR 16.32 trillion, which was driven by Data and Digital Services revenues.

The Enterprise segment posted revenue of IDR 4.1 trillion, supported by application services and digital platforms (data center and cloud). Furthermore, in the Wholesale and International Business segment, Telkom recorded revenues of IDR 3.3 trillion. (LM)

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