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XL Axiata posts record revenue, EBITDA in 2019, turns to profit

Wednesday 12 February 2020 | 01:30 CET | News
Indonesian operator XL Axiata reported its highest ever revenue of IDR 25.15 trillion for 2019, which represents an increase of 9 percent year-on-year. Revenue growth was boosted by a 15 percent year-on-year increase in service revenue driven by data services. The company also recorded its highest ever EBITDA of IDR 9.96 trillion, up 17 percent year-on-year, leading to 3 percent increase in EBITDA margin. As a result, XL Axiata returned to profitability with net profit of IDR 713 billion in 2019, compared to a net loss of IDR 3.29 trillion in 2018.

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Categories: Mobile & Wireless
Companies: Axiata / XL Axiata
Countries: Indonesia
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