In the first semester of 2023, MTEL posted a +10.8% YoY increase in revenue to IDR 4.130 T (1H22: IDR 3.726T) and a 0.97% QoQ increase (1Q23: IDR 2.055T). EBITDA in 1H23 rose by 16.1% YoY and QoQ was flat +0.06% to IDR 3,353T (1H22: IDR 2,888T; 1Q23: IDR 1,676T).
As of Semester I 2023, BBNI managed to score a pretty good performance. BBNI posted an increase in last 1H23 net profit to IDR 10.302T (1H23: IDR 8.803T; + 17.0% YoY and -2.7% QoQ).
First semester of 2023, BBCA still posted a solid and strong performance. BBCA booked Net Profit in 2Q23 of IDR 24.190T, an increase of 34.0% YoY (2Q22: IDR 18.049T) and 9.8%
QoQ.
AMAR is one of the digital banks in Indonesia with a unique business strategy and segmentation. Although the performance in 2022 was less than optimal due to economic uncertainties both in Indonesia and globally, as well as the influence of a cautious and non-aggressive management policies, which helped AMAR to improve and strengthen its business lines.
To start 1Q23, MTEL posted an increase of +9.9% YoY in revenue to IDR 2,055 T (1Q22: IDR 1,870T) and a decrease of -3.16% QoQ (4Q22: IDR 2,122T).
Kicking off 1Q23, TOWR posted a decline in revenue, by 2.2% QoQ to IDR 2,864.7T, yet went upside by 9.4% YoY (1Q22: IDR 2,619.3T & 4Q22: IDR 2,864.7T).
Kicking off 2023, BBNI managed to book a pretty good performance. BBNI posted a quite brilliant net profit increase in 1Q23, with an amount of IDR 5,221T (1Q22: IDR 3,962T; + 31.8% YoY and 4Q22: IDR 4,620T; +13%).
BMRI posted a 1Q23 Net Profit of IDR 12.560 T, an increase of 25.2% YoY (1Q22: IDR 10.032 T) and +19.4% QoQ (4Q22: IDR 10.518 T). NIM in 1Q23 was recorded at 5.40%, down 7 Bps QoQ and up 9 Bps YoY.
BBRI posted a 1Q23 Net Profit of IDR 15.564 T, an increase of 27.4% YoY (1Q22: IDR 12.167 T) and +29% QoQ (4Q22: IDR 12.014 T). This brilliant performance was supported by NIM, which increased by 10 Bps to 7.82% YoY this quarter.
