PT Telekomunikasi Indonesia Tbk reported H1 2025 sales of IDR 73,004,000 million, down from IDR 75,292,000 million in the previous year. Net income was IDR 10,975,000 million, compared to IDR 11,761,000 million in the prior year. Basic earnings per share from continuing operations were IDR 110.79, down from IDR 118.72 in the previous year.
PT Telkom Indonesia Tbk (TLKM), a leading telecommunications company in Indonesia, has reported robust financial performance for its subsidiary, PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, for the first half of 2025. According to the latest financial report released on July 30, MTEL recorded a net profit of IDR 1.09 trillion, representing a 2.85% increase compared to the same period in 2024 [1].
The report indicates that MTEL's revenue for the period reached IDR 4.6 trillion, a 2.22% increase from the IDR 4.5 trillion recorded in the previous year. The company's largest contributor to revenue was PT Telekomunikasi Selular, or Telkomsel, which accounted for 55% of MTEL's revenue, amounting to IDR 2.5 trillion. Other significant contributors included PT Indosat Tbk (ISAT) and PT XLSMART Telecom Sejahtera Tbk (EXCL), which contributed 21% and 14% of MTEL's revenue, respectively [1].
Operating expenses for the period stood at IDR 2.21 trillion, a 1.84% increase from the previous year. This resulted in a gross profit of IDR 2.39 trillion, a 2.57% increase. Operational costs were IDR 292.97 billion, a 1.74% decrease, leading to an operating profit of IDR 2.09 trillion, a 2.96% increase [1].
As of June 30, 2025, MTEL's total assets were IDR 60.08 trillion, a 3.34% increase. Cash and cash equivalents stood at IDR 2.77 trillion. The company's operating cash flow reached IDR 4.73 trillion, supporting its strong cash position. However, compared to the previous year, the operating cash flow decreased by 2.47% to IDR 4.85 trillion [1].
MTEL's net assets totaled IDR 32.42 trillion, a decrease from the previous year's IDR 33.06 trillion. Meanwhile, total liabilities increased to IDR 27.66 trillion from IDR 26.31 trillion in the previous year [1].
References:
[1] https://www.idnfinancials.com/jp/news/56266/mtel-records-net-profit-of-idr-1-09-trillion-in-h1-2025?sl=jp
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