Full Year 2023 Telkom Indonesia (Persero) Tbk PT Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ranjan Sharma - JPMorgan Chase & Co, Research Division - Analyst : A couple of questions. Maybe I can take them one by one. First question is on these new plans, which help you target like more of mass market segment and more competitive in nature. How we should look at the areas to launch these plans in? So that's the first question. And I will talk to you.

Question: Ranjan Sharma - JPMorgan Chase & Co, Research Division - Analyst : If I can just follow up on that. A lot of focus of the discussion on like market share compared to plans, but also profitability. You've seen like Telkomsel EBITDA margin -- sorry, Telkomsel EBITDA declined by 3% in 1 quarter's time. And I think the guidance is also (inaudible) improvements in the coming period, either, despite higher customer numbers or revenues. So is it like that you're going to see some costs which go up further this year? Or that these are basically like very low-margin products that you're offering for competition reasons?

Question: Ranjan Sharma - JPMorgan Chase & Co, Research Division - Analyst : Okay. And if you can just share like, I think your earnings are down this year. Should we expect the same level of dividend payment as last year? Or should we expect around like IDR 70 in payout? Heri Supriadi - Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk - CFO, Director of Finance & Risk Management and Director Okay. Thank you, Ranjan. On the dividend as we used to say to you and also other analysts, EBITDA that we used to pay around 60% to 80% of net income. Our net income, as reported, grew by 18.3%. So we do expect to still pay with the same dividend payout ratio. With that, we do expect that we can, I think, pay higher dividend per share.