Jakarta - PT Telkom Indonesia Tbk (TLKM) recorded a 12.13% decrease in profit for the period attributable to owners for the January-September 2022 of Rp16.581 trillion, down from Rp18.872 trillion. 

The company's financial report released on Monday (10/31) showed that the lower profit achievement was triggered by a 13.02% decrease in operating profit to Rp31.573 trillion from the previous level of Rp36.301 trillion.

The company managed to increase revenue by around 2.66%, to Rp108.874 trillion, from Rp106.043 trillion.

Telkom also increased its funding income by around 39.33% to Rp627 billion from Rp450 billion.

Telkom's total assets reached Rp269.963 trillion for the period that ended September this year, with liabilities of Rp124.564 trillion and equity of Rp145.399 trillion.

Meanwhile, the position of cash and cash equivalents at the end of the period was Rp31.657 trillion.