Coal Average Selling Price Increase

As of 9M23, TLKM’s revenue grew 2.2% to IDR 111.24 T YoY (9M22: IDR 108.87T). Operating Profit increased significantly by 10.8% YoY to IDR 34.98 T (9M22: IDR 31.57T). EBITDA decreased by –0.7% YoY to IDR 59.063 T (9M22L IDR 59.459 T). TLKM’s year-on-year Net Profit increased by 17.6% YoY to IDR 19.50 T (9M22: IDR 16.58 T). The merger of Tsel and Indihome has contributed positively to the performance of Telkomsel and Indihome, which is quite reflected in the efficiency shown by TLKM and the operational performance of Tsel and Indihome.

Asset Growth

As of 9M23, TLKM’s revenue grew 2.2% to IDR 111.24 T YoY (9M22: IDR 108.87T). Operating Profit increased significantly by 10.8% YoY to IDR 34.98 T (9M22: IDR 31.57T). EBITDA decreased by –0.7% YoY to IDR 59.063 T (9M22L IDR 59.459 T).

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