State telco firm Telekomunikasi Indonesia (TLMK), or Telkom, booked profit attributable to owners of Rp12.75 trillion in the first half (H1) of 2023, declined 4.5% year on year (y/y), mainly due to higher finance costs. Third largest player XL Axiata (EXCL) also saw its net profit declining on higher finance costs. To subscribe please click here
