Asia300

PT XL Axiata Tbk

Indonesia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 3,280
Mar 23, 2017
Market cap:
Market cap(USD):
35,056.50B
2,630.98M
Shares: 10,687.96M

Currency in IDR

Company profile

Market(Ticker): JKT(EXCL)
Sector:
Industry:
Communications
Major Telecommunications
Full time employees: 1,892

Business summary

PT XL Axiata Tbk engages in the provision of cellular telecommunications services. The company provides global system for mobile and telecommunications network services segment. It also offers basic telephony services on cellular mobile network, closed fixed network, voice internet protocol, and internet interconnection services. PT XL Axiata was founded on October 6, 1989 and is headquartered in Jakarta, Indonesia.

Company background

XL Axiata is Indonesia's second-largest mobile phone operator by subscribers. XL was established in 1995 as a joint venture between several companies, including an affiliate of Rajawali Group, an Indonesian conglomerate. The shares were later consolidated under the Axiata Group, Malaysia's largest telecommunications company and a two-thirds shareholder. The remainder is publicly traded on the Indonesia Stock Exchange.

Hasnul Suhaimi, an Indonesian, became the company's president and chief executive only a few months after resigning as president of rival Indosat in 2006. The move came amid allegations that Singapore's sovereign wealth fund, Temasek Holdings -- an indirect shareholder in Indosat and its rival, Telekomunikasi Selular better known as Telkomsel -- violated Indonesia's antimonopoly laws. Indosat did not publicly provide a reason for Suhaimi's departure.

XL spent $865 million to buy smaller rival Axis Telekom Indonesia, putting it ahead of Indosat. But the acquisition left XL with a hefty debt, prompting the company to sell 3,500 telecommunication towers to a local tower operator.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 21,341.42B
Gross profit 10,212.53B
Operating income -99,121M
Income before tax 185,581M
Net income 375,516M
EBITDA 7,946.91B
Diluted EPS 38
Dividends per share 0
Total assets 54,896.28B
Total liabilities 33,687.14B
Total equity 21,209.14B
Operating cash flow 5,975.69B

Currency in IDR

Revenue 1,604.56M
Gross profit 767.83M
Operating income -7.45M
Income before tax 13.95M
Net income 28.23M
EBITDA 597.49M
Diluted EPS 0.00
Dividends per share 0
Total assets 4,074.69M
Total liabilities 2,500.43M
Total equity 1,574.25M
Operating cash flow 449.28M

Currency in USD

Valuation measures

Dec 2016

PER 60.78
ROA 0.66%
ROE 2.12%
Operating margin -0.46%
Profit margin 1.75%

Key executive

  • President Director & Chief Executive Officer: Dian Siswarini
  • Chief Financial Officer: Mohamed Adlan bin Ahmad Tajudin
  • Vice President, Head-Audit & Risk Management: Azmarin Johari
  • Director & Chief Strategic Transformation Officer: Willem Lucas Timmermans
  • Chief Service Management Officer: Yessie D. Yosetya

Share holders

  • Axiata Group Bhd.(53.8%)
  • Emirates Telecommunications Group Co. PJSC(3.3%)
  • Massachusetts Financial Services Co.(2.0%)
  • Employees Provident Fund(1.7%)
  • Aberdeen Asset Management (Asia) Ltd.(1.2%)
  • The Vanguard Group, Inc.(1.1%)
  • Brandes Investment Partners LP(0.9%)
  • Morgan Stanley Investment Management, Inc.(0.7%)
  • First State Investment Management (UK) Ltd.(0.5%)
  • APG Asset Management NV(0.5%)

Address

  • Website: http://www.xl.co.id
  • Address: Grha XL, Jalan DR. Ide Anak Agung Gde Agung, Jakarta, 12950, Indonesia
  • Phone: +62.21.576.1881

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