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