Insight

ISAT: Share Price Down -27% on Weak 4Q24 Result

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Algo Research Team

Company | Feb 10, 2025 | Views: 334

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Key Summary:

  • Weak 4Q24 performance dragged down its full year profits
  • Sequential decline in quarterly subscribers but ARPU increases
  • Share price is down -27% in the past two days on thin liquidity

Indosat (ISAT) reported weak 4Q24 financial performance, where revenue increased slightly by +2% YoY (+2% QoQ) but net profit was down by -40% YoY (-10% QoQ).


Following the result announcement, its share price has dropped by -27% (-35% YTD) in the past two days, where the stock is now trading at IDR1,625/share or back to 2023 level.

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