Page 48 - XL Axiata Integrated Anual Report 2020 ENG

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2020 Integrated Annual Report
MANAGEMENT DISCUSSION & ANALYSIS
Financial
Performance
COVID-19 pandemic and intense competition in the Telecommunications industry marked the challenges in 2020.
BUDI PRAMANTIKA
Director & Chief Financial Officer
Nevertheless
XL Axiata was able to deliver solid financial performance, posted an increase of revenue, double- digit growth
of EBITDA, and consistent profits.
PERFORMANCE HIGHLIGHTS
• XL Axiata successfully recorded a strong service revenue growth of 6% to Rp24.13 trillion in 2020.
Revenue (Rp Billion)
Service Revenue
Others
2,308
2019
2020
22,842
24,130
25,150
+6%
+3%
PT. XL AXIATA TBK
TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION
1,888 26,018