JAKARTA - PT Indosat Tbk (ISAT) alias Indosat Ooredoo Hutchison recorded a net profit of 317 million US dollars or around Rp. 4.9 trillion, growing by 38.1% Year-on-Year (YoY) or compared to the previous year.
Indosat also recorded an increase in total revenue of 9.1% YoY, to 3.6 billion US dollars or Rp55.9 trillion. EBITDA was recorded at 1.7 billion US dollars (Rp26.4 trillion), growing 10.2% YoY.
At the Public Expose of the Annual General Meeting of Shareholders (AGMS) on Wednesday, May 28, the Director and Chief Financial Officer (CFO) of Indosat, Nicky Lee said the company had distributed dividends of 83% per share or around IDR 2.7 trillion from net profit.
"So based on per share, the amount is around 83% per share or dividend. In terms of the dividend payment ratio, the amount has increased quite a lot to 55 percent of our profit in 2024," said Nicky.
In terms of operations, data traffic reached 16,170 petabytes, showing growth of 12.2% YoY. The Indosat application's monthly active user (Monthly Active Users/MAU) has also increased sharply by 21.2%, with total users reaching 45.7 million.
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Average income per user (ARPU) was recorded at US$2.45 or around Rp. 38 thousand, up 6.6% from the previous year. Meanwhile, the number of 4G BTS owned by the company increased 9.6% to 196 thousand units.
Throughout 2024, Indosat has also added nearly 21,000 Base Transceiver Stations (BTS) for both 4G and 5G throughout Indonesia. This is in line with Indosat's vision of "Empowering Every Indonesian Connectivity".
"Connectivity is very important, coverage is very important, quality is very important for all of us. Therefore, in 2024 we will add almost 21,000 BTS throughout Indonesia. And this increases the coverage and quality of Indosat services throughout Indonesia," continued the Director and Chief Business Officer of Indosat Ooredoo Hutchison (IOH) Muhammad Buldansyah.
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