Telekomunikasi Indonesia (Telkom) Plans to Conduct Stock Split This Year
Telekomunikasi Indonesia (Telkom), Indonesia's largest telecommunication & network provider, plans to conduct a stock split this year with a ratio of 1:5. This step will make Telkom's shares more affordable and increases its liquidity. Analysts have good projections for the company as it holds a dominant market position in Indonesia's telecommunication sector, a high dividend ratio, and good corporate management. Its share price gained 25.7 percent this year.
The company, which is state-controlled, will need approval from the Ministry of State-Owned Enterprises first.
Read the company profile of Telekomunikasi Indonesia (Telkom) here
Telkom's Financial Highlights:
| 2008 | 2009 | 2010 | 2011 | 2012 | |
| Total Revenues | 65.0 | 68.2 | 68.6 | 71.3 | 77.1 |
| Gros Profit | 21.4 | 24.1 | 22.9 | 21.9 | 25.7 |
| Net Profit | 10.7 | 11.4 | 11.5 | 11.0 | 12.9 |
| EBITDA | 33.7 | 38.1 | 37.5 | 36.8 | 40.2 |
| Total Assets | 91.3 | 97.9 | 100.5 | 103.1 | 111.4 |
| Total Liabilities |
47.7 | 48.4 | 44.1 | 42.1 | 44.4 |
| Income per share¹ | 540.38 | 579.52 | 586.54 | 559.67 | 669.19 |
| P/E Ratio (x) | – | – | – | 19.2 | 16.1 |
| Dividend per share¹ | 296.94 | 288.06 | 322.59 | 371.34 | 436.18 |
in trillion IDR Rupiah, except stated otherwise
¹ in IDR Rupiah
Source: Telekomunikasi Indonesia, Annual Report 2012