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August 01, 2015 9:06 AM 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

Indonesia

Founded in 1996

1,069 Employees

Phone:

62 21 290 35200

Fax:

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

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%.

PT Trikomsel Oke Tbk Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

PT Trikomsel Oke Tbk reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenues of IDR 1,861,896,941,699 compared to IDR 3,136,617,218,433 a year ago. Income from operations was IDR 197,200,881,659 compared to IDR 255,057,087,081 a year ago. Income before income tax expense was IDR 52,991,502,826 compared to IDR 151,999,275,538 a year ago. Income for the year attributable to owners of the parent company was IDR 29,683,948,680 or IDR 6 per diluted earnings per share attributable to owners of the parent company compared to IDR 107,521,217,780 or IDR 23 per diluted share attributable to owners of the parent company a year ago. Net cash generated from operating activities was IDR 7,653,125,327 compared to IDR 27,323,918,782 a year ago. Acquisitions of fixed assets were IDR 6,383,776,339 compared to IDR 10,883,510,956 a year ago.

Trikomsel to Expand Retail Network to 6,000 Stores

Trikomsel Oke plans to expand its operations to second- and third-tier cities through a partnership with local phone distributor SMC Group. The partnership will enlarge Trikomsel's market share through a total of 6,000 cellular retailers and help the firm expand its reach in the country's second- and third-tier cities.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 31, 2015
--
Merger/Acquisition
March 26, 2015
--
Merger/Acquisition
March 9, 2015
PT Quantum Solutions Logistics Indonesia
 

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