- Indosat’s net income for the first half of 2024 is 2.73 trillion rupiah, marking a 43% increase year-over-year.
- Revenue for the same period reached 27.98 trillion rupiah, up by 13% compared to the previous year.
- Earnings per share (EPS) rose to 339.18 rupiah from 236.70 rupiah year-over-year.
- The customer base expanded by 0.9 million, reaching a total of 100.9 million in the first half of 2024.
- Average revenue per user (ARPU) for cellular customers increased by 10.5% year-over-year to 37.900 rupiah.
- Data traffic saw a growth of 13.4% in the first half of 2024, driven by an increase in the number of 4G Base Transceiver Stations (BTS).
- Analyst recommendations include 25 buys, 7 holds, and no sells.
A look at Indosat Tbk PT Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Indosat Tbk PT has a positive long-term outlook. With strong scores in Growth and Momentum, the company is positioned for potential expansion and market performance. Its focus on growth and ability to maintain upward momentum indicate a promising future for investors.
While Indosat Tbk PT shows strengths in Growth and Momentum, the scores for Value, Dividend, and Resilience are more moderate. This suggests room for improvement in these areas to enhance the overall investment attractiveness of the company. Despite this, the company’s core operations as a telecommunication and information service provider in Indonesia provide a solid foundation for future development and growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
