PT Indosat Ooredoo Hutchison Tbk Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022
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PT Indosat Ooredoo Hutchison Tbk reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was IDR 19,537,037 million compared to IDR 12,403,280 million a year ago. Revenue was IDR 22,526,574 million compared to IDR 14,983,533 million a year ago. Net income was IDR 3,260,311 million compared to IDR 5,597,999 million a year ago. Basic earnings per share from continuing operations was IDR 406.57 compared to IDR 1,030.19 a year ago.
PT Indosat Tbk is an Indonesia-based company that provides telecommunications, informatics and/or convergence technology services. The Company operates through three segments: cellular, fixed telecommunications (fixed) and multimedia, Internet, and data communication (MIDI). Together with its subsidiaries, such as PT Indosat Mega Media (IM2) and PT Aplikanusa Lintasarta, it offers a range of fixed data or MIDI services, such as Internet protocol-virtual private network (IPVPN), leased line, Internet services and information technology (IT) services to corporate segments. Its MIDI services consist of Internet and data communication services, including high-speed point-to-point and point-to-multipoint international and domestic ethernet link and Internet with broadband and narrowband capacity, IPVPN and multiprotocol label switching-based services (MPLS). The Company provides cellular, fixed data and wireless broadband services as well as fixed telecommunication or fixed voice offerings.