Corporate Presentation 1H20 Results PT Telkom Indonesia (Persero) Tbk August 2020
Disclaimer This document may contain forward-looking statements within the meaning of safe- harbor. Actual results could differ materially from projections, estimations or expectations. These may involve risks and uncertainties, and may cause actual results and development to differ substantially from those expressed or implied in the statements. The company does not guarantee that any action, which may have been taken in reliance of this document will bring specific results as expected. 2
1H20 Results Telkom in Brief 1H20 Financial and Operational Results
Board of Directors CEO TELKOM GROUP DIRECTOR DIRECTOR DIRECTOR DIRECTOR TELKOM Group RIRIEK HERI SUPRIADI HERLAN DIAN EDI ADRIANSYAH WIDJANARKO RACHMAWAN WITJARA DIRECTOR DIRECTOR DIRECTOR DIRECTOR FM VENUSIANA R BUDI SETYAWAN MUHAMAD AFRIWANDI WIJAYA FAJRIN RASYID CEO TELKOMSEL DIRECTOR DIRECTOR DIRECTOR DIRECTOR SETYANTO LEONARDUS EDWARD YING RACHEL GOH RIRIN HANTORO WAHYU WIDARYANI Telkomsel WASONO DIRECTOR DIRECTOR DIRECTOR HENDRI MULYA R. MUHARAM BHARAT ALVA SYAM PERBAWAMUKTI 4
Share Ownership 52.1% 47.9% Government Public Telkom Indonesia is listed at Indonesia Stock Exchange ( Bloomberg: TLKM IJ) and New York Stock Exchange (TLK US ) Total Shares 99,062,216,600 shares Market Capitalization Rp 292 Tn (USD 19.8 Bn)* *as of Aug 12, 2020 5
1H20 Results Telkom in Brief 1H20 Financial and Operational Results
1H20 Highlights Covid-19 pandemic continued to impact global economy, Indonesian GDP in 2Q20 declined by -5.3% compared to 2Q19. IndiHome continued its strong momentum with revenue grew by 19.1% YoY to Rp10.4 trillion in 1H20 driven by new subscribers and add-ons. Telkomsel's digital business grew by 13.5% YoY to Rp31.9 trillion and increased its contribution to 72.4% of revenue from 62.2% last year. Tower business revealed strong growth as a result of acquiring a total of 3,100 towers in 2019 . Our tower business grew by 61% YoY to Rp916 billion . Telkomsel deployed c. 15.8 thousand 4G BTSs during 1H20, while Telkom's fiber- based backbone length reached c. 165,850 Km by the end of June 2020. 7
IndiHome and Mobile Digital Services as the Growth Driver 1H20 Revenue YoY 1H19 1H20 (Rp Trillion) 35.3 36.1 3.6% 33.1 11.1 33.1 11.0 69.3 47.8 % 54.0 % 16.0 % 16.4 % 66.9 EBITDA Net Income 18.0 Rp Trillion Rp Trillion 13.0 10.4 8.7 6.3 4.1 4.0 3.3 Data, Internet & SMS, Fixed & IndiHome Interconnection Network & Other 19.1% 24.9% IT Services Cellular Voice Telco Services 6.8% 27.5% 36.4% 1 H19 1 H20 8 8
Expenses are Manageable with O&M, Marketing and G&A Costs Declined 1H20 Expense YoY (Rp Trillion) 21.8 1H19 1H20 16.2 5.4% 13.9 11.5 47.1 44.6 7.0 6.5 3.1 3.0 3.2 2.7 2.0 1.5 Interconnection Marketing General & Depreciation & Operation, Personnel 8.1% 8.1% 26.9% Maintenance & Administrative Amortization 2.9% 21.5% Telco Services 25.5% 1 H19 1 H20 9 9
Telkomsel Performance Challenging market dynamics with on-going transition of Legacy & continuing competitive environment TSEL to maintain healthy profitability with improved EBITDA & Net Income Margin in 1H-2020 YEAR ON YEAR REVENUES EBITDA NET INCOME CAPEX +9.0% +0.0% -2.4% In Trillion In Trillion In Trillion In Trillion -12.8% 44.0 45.1 26.4 24.2 5.4 Digital 12.7 4.7 12.7 Business 28.1 13.5% 31.9 Margin Margin 28% 29% 54% 60% Legacy 17.0 28.7% 12.1 1H19 1H20 1H19 1H20 1H19 1H20 1H19 1H20 TOTAL ASSET CUSTOMER BTS -4.6% In Trillion +23.5% In Million In Thousand +11.7% 228.1 167.8 160.1 100.4 204.2 81.3 1H19 1H20 1H19 1H20 1H19 1H20 10
Telkomsel Performance Continue to Focus on Digital Business : Engine of growth and accounted for 72% of Total Revenues YEAR ON YEAR Digital Business DIGITAL BUSINESS DATA USER DATA USER REVENUES CONSUMPTION +13.5% In Million -5.5% +43.8% In Trillion In MB 31.9 28.1 111.2 7,037 105.1 Broadband 27.8 14.0% 24.4 4,892 Digital Services 4.0 3.7 10.0% 1H19 19 1H20 1H19 1H20 1H19 1H20 DATA TRAFFIC 3G/4G CAPABLE DEVICE 3G & 4G BTS ON AIR In PB In Million In Thousand +15.5% +40.3% +0.4% 177.8 153.9 114.6 114.2 95.7 4,156 71.8 4G BTS +33.3% 2,961 3G BTS 82.1 82.1 ➔ 0.0% 1H19 1H20 1H19 1H20 1H19 1H20 11
Fixed Broadband 10.4 tn IndiHome ◼ Net additional subscribers 2Q20 196K Revenue (Rp) ◼ Total IndiHome subscribers FY19 7.45 Mio (+24.2%) 19.1% YoY ◼ Dual Play 56% of total subs ◼ Triple Play 44% of total subs ◼ Revenue from add-ons contributed around 13.4% (+33.0%) of total Indihome revenue in 1H20 ◼ ARPU 2Q20 Rp241K ◼ EBITDA Margin 38.6% in 1H20 12 12
Enterprise Business Continue to focus on improving the 7.7 tn Enterprise Business fundamentals . Revenue (Rp) Prioritize to focus to higher profitability 31.6 % YoY products to get better quality revenues . Contribution to Enterprise Revenue 15 % 56 % 29 % 1H20, Data Center under ◼ Enterprise segment recorded a revenue of Rp32 p329 9 billion bill ion or grew ew by by 36.0% 36 .0% We just star started ted a ne a new ◼ fac acil ility ity of of ti tier er 3 an 3 and d 4 4 da data ta ce cente nter located in Government SME Corporate the outskirt of Jakarta Segment Segment Segment 13 13 13
Wholesale & International Business 6.8 tn Wholesale & ❖ Mainly contributed by the increase in tower business that International Business grew by 61% YoY to Rp916 billion . 13.9% YoY Revenue (Rp) ❖ Data centre and cloud business under WIB recorded significant revenue of Rp. 311 bn or grew by +39.2%, contributed from Telin SG. ❖ Continued its role to be the enabler for other segments in Telkom Group as well as serving external customers SEA-US 15,000 km from Manado, Indonesia - California, USA SEA-ME-WE-5 20,000 km from Dumai, Indonesia - Marseille, France Indonesia Global Gateway Connect SEA-ME-WE 5, SEA-US and our domestic network 14 14
Thank You PT Telkom Indonesia (Persero) Tbk August 2020
Recommend
More recommend
