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TBIG – Focused on Organic Growth, 1H20 Performance Satisfactory

  • Author
  • Recent Posts
Restu Pamungkas
Restu Pamungkas
Analyst - Telco, Tower, Toll Road, Poultry
Restu Pamungkas
Latest posts by Restu Pamungkas (see all)
  • JSMR – Divestment to Strengthen Capital Structure - August 5, 2021
  • TBIG – Limited Tower Acquisition Potential - July 23, 2021
  • TLKM – Strengthening Data Center Business - July 14, 2021

Along with the high contribution of tower leases from Telkomsel and Indosat of 39.8% and 21.4%, TBIG was able to record revenue growth of IDR2.6 trillion in 1H20,
up 13.2% YoY. The OPEX, which was successfully maintained, was able to make the company’s net profit soar to IDR510 billion, up by 33.6% YoY.

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