Sarana Menara Nusantara Tbk reported its financial statements for the six-month of 2025

News · Thursday, 31 July 2025 11:00

Jakarta, July 31, 2025

 

Sarana Menara Nusantara Tbk reported its financial statements for the six-month of 2025.

Consolidated operating revenue reached IDR 6.39 trillion, an increase of 3.9% year-on-year (yoy) for the 6 months of 2025. EBITDA reached IDR 5.32 trillion, growing by 3.7%, while net profit (after minority interest) reached IDR 1.65 trillion, an increase of 2.9% yoy.

SMN Group CEO, Mr. Aming Santoso, stated, "Year 2025 is a year for TOWR to refocus on its major strength which capitalizing on its scale of operations. Whenever we add assets, we always look to extract as much value from them. For instance, this quarter we actually reduced debt by Rp 1.6 trillion so our gross debt balance went down to Rp 50 trillion from refocusing on our operational excellence leading to better cash collections while we managed to continuously grow the business.

We also welcome the stable Rupiah and seeing that interest rates seem to be trending down. Our blended cost of fund have come down to 6.15% this quarter from 6.21% for previous quarter. These should be supportive for resiliency of our ROE and ROA that stands at 17.5% and 8% as of 2Q25, respectively. Our operations scale should allow for a stable ROE and ROA.”

 

Contact:
adam.gifari@protelindo.net
Advisor - Group Investor Relations

in Rp milyar, unless stated otherwise)

June 2024

June 2025

yoy

Revenue

6,154

6,394

3.91%

EBITDA

5,133

5,324

3.72%

EBITDA Margin

83%

83%

 

Net Profit attributable to parent

1,605

1,652

2.93%

net profit margin

26.1%

25.8%

 

 

     

Total tower

31,502

35,825

13.72%

Total tenant

54,326

58,158

7.05%

  Tenancy ratio (x)

1.72

1.62

 

 

     

Total Fiber (km length) (including FTTT, FTTH, backbone, subsea)

~130,000

~170,000

22.09%

FTTT physical fiber (km) (part of Total Fiber km length)

101,395

122,291

20.61%

FTTT revenue generating km (b)

192,332

219,955

14.36%

   FTTT utilisation ratio (b divided by a)

189.7%

179.9%

 

 

     

FTTH homes passed

1,211,626

1,783,468

47.20%

FTTH home connect

135,897

207,723

52.85%

Connectivity Activations

14,409

18,906

31.21%

 

     

Leverage: Net Debt to LQA* EBITDA (x)

4.25 x

4.65 x

 

 * LQA = Last Quarter Annualised