PT Tower Bersama (TBIG) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026 reached Rp3,460,331 million, a slight increase from Rp3,450,626 million in the same period last year.

• Net profit for the period was Rp863,716 million, up from Rp852,672 million year-over-year.

• Total assets grew to Rp48,241,918 million as of June 30, 2026, compared to Rp46,247,268 million at December 31, 2025.

• The company distributed a cash dividend of Rp1,059,879 million for FY2025, representing 74.28% of net income.

Financial highlights

• Gross profit for the period was Rp2,470,166 million, with a gross margin of 71.4%.

• Operating profit reached Rp2,155,579 million, with operating expenses at Rp314,587 million.

• EBITDA margin remained robust, supported by stable tower rental revenues.

• Total equity increased to Rp13,550,003 million, up from Rp12,725,357 million at year-end 2025.

• Cash and cash equivalents at period end were Rp700,340 million, down from Rp748,391 million at the start of the year.

Outlook and guidance

• The company continues to focus on expanding its tower and fiber optic infrastructure, with significant CapEx allocated for energy efficiency and green energy initiatives.

• Management expects continued stable demand for telecommunication infrastructure, with long-term lease contracts supporting recurring revenue.

• The company is preparing for new sustainability disclosure standards and climate-related risk management.