For the FY23 period, TLKM’s revenue grew +1.3% YoY to IDR 149.22T (FY22: IDR 147.31T). Operating Profit increased by +12.1% YoY to IDR 44.38T (FY22: IDR 39.58T). EBITDA decreased by -1.79% YoY to IDR 77.58T (FY22: IDR 78.99T).
BBRI scored a brilliant net profit growth of +17.5% YoY to IDR 60.100 T (FY22: IDR 51.170 T, QoQ +10.5%). This figure was supported by an increasing Net Interest Income (NII) in FY23 to IDR 135.183 T (FY22: IDR 124.597 T, YoY +8.5% & QoQ –4.7%).
BMRI scored a stellar performance as their FY23 Net Profit recorded at IDR 55.064 T, an increase of 33.7% YoY (FY22: IDR 41.172 T, QoQ + 15.6%). This was supported by Net Interest Income (NII), which experienced a solid increase in FY23 to IDR 95.887 T (FY22: IDR 87.903T, YoY +9.08% & QoQ -2.17%).
In FY23, BBNI posted an increase in Net Profit of IDR 20.909 T (FY22L IDR 18.312 T; +15.1% YoY). As for BBNI’s Net Interest Income (NII) remain stable on a year-on-year basis at IDR 41.136 T (FY22: IDR 41.321 T, -0.11% YoY).
BBCA scored a stellar performance for FY23, posting a Net Profit of IDR 28.6 T, an increase of 19.4% YoY (FY22: IDR 40.7 T). The solid increase in Net Profit for FY23 was supported by a robust top-line increase, which was contributed by a significant increase in Net Interest Income (NII) due to the high-interest rate era, by 17.5% to IDR 75.4 T and Non-Interest Income showed a growth of 5.5% YoY to IDR 23.9 T.
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).
As of 9M23 MTEL posted a YoY +11.9% increase in revenue to IDR 6,273T (9M22: IDR 5,607T) and QoQ up 3.28% (2Q23: IDR 2,075T & 3Q23: IDR 2,143T).
AMAR is one of the digital banks in Indonesia that focuses on the retail & MSME segment, which aims to serve and provide digital financial services to the underserved & unbanked.
As of 9M23, TOWR posted a 7.6% YoY and 1.1% QoQ increase in revenue to IDR 8.72T (9M22: IDR 8.11T, 2Q23: IDR 2.91T & 3Q23: IDR 2.94T). EBITDA increased +6.5% YoY and +1.1% QoQ to IDR 7.42T (9M22: IDR 6.97T, 2Q23: IDR 2.47T & 3Q23: IDR 2.50T).
