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October 05, 2015 2:05 PM ET

Specialty Retail

Company Overview of PT Trikomsel Oke Tbk

Company Overview

PT Trikomsel Oke Tbk., together with its subsidiaries, distributes and sells cellular phones in Indonesia. It is also involved in trading multimedia devices, computers, accessories, and spare parts, as well as prepaid reload vouchers and post-paid phone cards. In addition, the company engages in the trade, distribution, and retail of electronics, and telecommunication equipment and parts. PT Trikomsel Oke Tbk. was founded in 1996 and is based in Jakarta, Indonesia.

Equity Tower

30th Floor, Lot 9

Jalan Jenderal Sudirman Kav. 52-53

Sudirman Central Business District

Jakarta,  12190


Founded in 1996

874 Employees


62 21 290 35200


62 21 290 35222

Key Executives for PT Trikomsel Oke Tbk

PT Trikomsel Oke Tbk does not have any Key Executives recorded.

PT Trikomsel Oke Tbk Key Developments

SingPost eCommerce Pte Ltd and PT Trikomsel Oke Tbk Jointly Incorporates PT Trio SPeCommerce Indonesia in Indonesia

Singapore Post Limited announced that further to the announcement dated 9 March 2015 relating to a joint venture between SingPost eCommerce Pte Ltd. (SP eCommerce), a wholly-owned subsidiary of the Company with PT Trikomsel Oke Tbk (PT Trikomsel), PT Trio SPeCommerce Indonesia (PT TSI) has been incorporated in the Republic of Indonesia. PT TSI will provide import and supply of goods to e-commerce and online retailers as well as providing technical know-how and support services for the establishment, implementation and operation of ecommerce platforms. SP eCommerce will initially subscribe for 7,524 shares at IDR 132,030 each for a total of IDR 993,393,720 (equivalent to approximately SGD 99,948) representing 33% of the initial issued paid-up capital in PT TSI. The initial subscription was funded through the company's internal resources.

PT Trikomsel Oke Tbk Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

PT Trikomsel Oke Tbk reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported net revenues were IDR 3,931,332,385,592 compared to IDR 5,788,757,294,430 for the same period a year ago. Income from operations was IDR 358,042,091,819 against IDR 527,434,990,208 for the same period a year ago. Income before income tax expense was IDR 171,736,467,897 against IDR 306,632,982,456 for the same period a year ago. Income for the year was IDR 121,385,806,320 against IDR 216,128,676,945 for the same period a year ago. Income for the period attributable to owners of the parent company was IDR 120,854,751,927 or IDR 21 diluted per share against IDR 209,890,938,033 or IDR 38 diluted per share for the same period a year ago. Net cash used in operating activities of IDR 53,562,719,031 against net cash provided by operating activities of IDR 8,332,869,750 for the same period a year ago. Acquisition of fixed assets was IDR 7,694,366,319 against IDR 48,468,081,716 for the same period a year ago.

Trikomsel Sets Up an E-Commerce Joint Venture with Singapore Post

Trikomsel announced that it has set up an e-commerce joint venture with Singapore Post (SingPost). The startup capital for the joint venture is USD 2 million, with Trikomsel controlling 67% of the JV and SingPost owning the remaining 33%.

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