Update COVID-19 in Indonesia: 228,993 confirmed infections, 9,100 deaths (16 September 2020)
18 September 2020 (closed)
USD/IDR (14,768) -110.00 -0.74%
EUR/IDR (17,496) -11.29 -0.06%
Jakarta Composite Index (5,059.22) +20.82 +0.41%
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.
Telkom's Financial Highlights:
|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