Coal Average Selling Price Increase

TLKM posted positive performance during 1H22. EBITDA and Net Profit grew 4.5% and 6.9% YoY to IDR39.4 trillion and IDR13.3 trillion, respectively, supported by revenue which grew 3.6% YoY to IDR72.0 trillion. NHKSI Research is optimistic that TLKM’s topline and bottom line will be more solid in FY22, as 1H22 TLKM is undergoing a transformation. The contribution of digital business revenue increased, while the contribution of legacy business revenue declined.

Asset Growth

TLKM posted positive performance during 1H22. EBITDA and Net Profit grew 4.5% and 6.9% YoY to IDR39.4 trillion and IDR13.3 trillion, respectively, supported by revenue which grew 3.6% YoY to IDR72.0 trillion.

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