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Coal Average Selling Price Increase For the 2022 results, TBIG posted a 5.55% YoY increase in revenue to IDR 6.542 T (FY: IDR 6.179 T). EBITDA rose 4.29% YoY to IDR 5.662 T (FY21: IDR 5.429 T). Net profit for FY 2022 has increased to IDR 1.638 T (FY21: 1.549 T; +5.74%). Additionally, the merger between Indosat and Hutchison 3 (IOH) in January 2022 caused a decline in tower rental income from IOH. This also led to a slight decrease in TBIG’s Tenancy Ratio on a year-on-year basis. Asset Growth For the 2022 results, TBIG posted a 5.55% YoY increase in revenue to IDR 6.542 T (FY: IDR 6.179 T). EBITDA rose 4.29% YoY to IDR 5.662 T (FY21: IDR 5.429 T). Net profit for FY 2022 has increased to IDR 1.638 T (FY21: 1.549 T; +5.74%). |
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