Company Report | First Quarter of 2023 Exceeds Expectations

At the beginning of 1Q23, BBCA delivered a strong performance, exceeding the quarter’s expectations. BBCA booked an IDR 11.53 T Net Profit in 1Q23, an increase of 43.0% YoY. On a year-on -year basis, NIM in 1Q23 went upside by 70 bps or 5.6%, from 4.9% (on a consolidated basis).

Company Report | Still Shows a Good Performance & Waiting For Catalyst

TLKM recorded a pretty good performance, where revenue grew 2.5% to IDR 36,090 T on a year-on-year basis (1Q22: IDR 35.208 T), and so did the increase in Operating Profit 7.7% to 11,431 YoY (1Q22: IDR 10,611 T). Net profit grew 5% YoY to IDR 6,424 T (1Q22: IDR 6,118 %).

Company Report | Stable Performance, Yet Lack of Catalyst

For the 2022 results, TBIG posted a 5.55% YoY increase in revenue to IDR 6.542 T (FY: IDR 6.179 T). EBITDA rose 4.29% YoY to IDR 5.662 T (FY21: IDR 5.429 T). Net profit for FY 2022 has increased to IDR 1.638 T (FY21: 1.549 T; +5.74%).

Company Report | A Giant That Still Grows

BBCA delivered an excellent performance throughout 2022. BBCA posted an FY22 Net Profit of IDR40.736 T, an increase of 29.6% YoY. This performance was also driven by an increase in NIM that rose by 20 bps YoY to 5.3% (FY22) from 5.1% (on a consolidated basis).