Coal Average Selling Price Increase

For the 2022 results, MTEL recorded a 12.5% increase in revenue to IDR 7.729 T on a year-on-year basis (FY21: IDR 6.869 T). As for EBITDA, it experienced a rise of 18.5% YoY to IDR 6.142 T (FY21: IDR 5.185 T). FY 2022 experienced a relatively good increase of 29.2% at IDR 1.785 T (FY21: IDR 1.381 T). The EBITDA margin level increased by 3.99% to 79.47% in FY22 (FY21: 75.48%), and the Net Profit Margin level increased by 0.43% to 47.28% in FY22 (FY21: 46.85%).

Asset Growth

For the 2022 results, MTEL recorded a 12.5% increase in revenue to IDR 7.729 T on a year-on-year basis (FY21: IDR 6.869 T). As for EBITDA, it experienced a rise of 18.5% YoY to IDR 6.142 T (FY21: IDR 5.185 T).

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