XL Axiata Net Profit Slip 2%

Hasnul Suhaimi (DOK)

JAKARTA (indotelko) –  PT XL Axiata Tbk (XL)  today announced its audited results for FY12.  The company make net profit Rp 2,83 trilion or slip 2% compare with the FY11 Rp 2,765 trilion.

XL recorded a strong revenue growth of 15% YoY (Year-on-year) to Rp21.3 trillion, led by growth in data at 50% YoY followed by SMS at 16% YoY and Voice at 6% YoY. EBITDA grew by 4% YoY with Earning Before Interest Tax Depreciation Amortization (EBITDA) margin at 46%.

EBITDA increased by 4% YoY to Rp9.7 trillion with margins at 46% and net profit at Rp2.8 trillion for the FY12.

President Director of XL, Hasnul Suhaimi said, “The strong data traction reflects the huge opportunity in data and XL is well positioned to capture future growth. Data is the fastest growing segment with an increased contribution from 15% in 2011 to 20% in 2012 and usage more than doubled. We delivered what we set out to achieve through our strategic investment in data, deploying more than 11 thousand BTS to support mainly our data ambition.”

XL finished the year with a solid foundation to capture future data opportunities through successfully enhancing its end-to-end data infrastructure. 11,179 BTS (2G and 3G) were rolled out, in 2012 compared to 6,082 BTS the year before. This led to a total of 39,452 BTS by end of 2012 with node Bs increasing by 168% to 13,142 nationwide covering West, Central, East as well as North region including Ambon and Jayapura.

In an effort to increase mobile data users and attracting the growing android users, XL collaborated with Google to launch experience centres called “XL Home for Android” at several XL Centres in Jakarta and other major cities. The centres help to educate the growing Android users in Indonesia creating further reasons to use data and experience it on XL’s network. In addition to that XL launched MyXL, an application that is available in Google Play which provides ease for Android users to check their balance or purchase packages, simply through their Android devices.

With the fast growing 3G and smartphone users in Indonesia, XL introduced various attractive and
affordable offerings targeting such users and aimed at meeting their needs.

XL launched “Xmartplan Android”, “XmartPlan iPhone”, a bundled plan for smartphone users and introduced combo packages focusing on social networking for the vast growing Nexian users community. The much anticipated iPhone 5 was also launched by XL in December 2012.

XL has taken to improve its positioning and ensure its offerings are competitive in the market. This was done through the creative offerings of XLKU, Paket Serbu and also reload bonus.The results have been encouring with improved subscribers growth of 8% QoQ to 45.8 mn subscribers, as well as increase in both outgoing Voice minutes and SMS.

“We are continuously seeking new opportunities to expand our services beyond traditional telco services. In 2012, we have started to introduce digital services to our customers. XL launched XL Tunai for the money remittance and online purchase service with secured payment transaction by cash or credit card. This was done in collaboration with various vendors to better serve our subscribers and generate further use of data. Furthermore digital services such as M-ads for mobile advertising and XCloud for database were introduced. This is an exciting beginning for the untapped digital opportunity in Indonesia”, added Hasnul.

XL spent Rp10.2 trillion for investment in FY12 which was mainly funded internally. XL acquired new loans from BCA, BTMU and Mandiri in 2012 with a total amount of Rp6.5 trillion and repaid Rp3.9 trillion debts in 2012. Due to this refinancing activities, XL’s total Debt increased to Rp13.5 trillion from Rp10.7 trillion a year ago, and Net Debt/EBITDA increased from 1.0x to 1.3x in 2012.(ss)