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Coal Average Selling Price Increase To start 1Q23, MTEL posted an increase of +9.9% YoY in revenue to IDR 2,055 T (1Q22: IDR 1,870T) and a decrease of -3.16% QoQ (4Q22: IDR 2,122T). EBITDA in 1Q23 increased by 16.2% YoY, yet decreased by -3.68% QoQ to IDR 1,676T (1Q22: IDR 1,442T; 4Q22: IDR 1,740T). Net Profit of MTEL increased by +9.1% YoY and decreased by -10.2% QoQ to IDR 501B (1Q22: IDR 459B; 4Q22: IDR 558B). Asset Growth To start 1Q23, MTEL posted an increase of +9.9% YoY in revenue to IDR 2,055 T (1Q22: IDR 1,870T) and a decrease of -3.16% QoQ (4Q22: IDR 2,122T). |
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