)

Perusahaan Listrik Negara (PLN) investor relations material
Perusahaan Listrik Negara H1 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue for the six months ended June 30, 2024 reached Rp262.1 trillion, up from Rp234.5 trillion year-over-year.
Net income attributable to owners was Rp4.99 trillion, a sharp decline from Rp25.9 trillion in the same period last year.
Operating profit was Rp28.5 trillion, down from Rp32.3 trillion year-over-year.
Total assets stood at Rp1,691.2 trillion as of June 30, 2024, up from Rp1,670.6 trillion at year-end 2023.
The company maintained a strong capital structure and continued significant infrastructure investments.
Financial highlights
Revenue increased 11.8% year-over-year, driven by higher electricity sales and government subsidies.
Net income dropped 80.7% year-over-year, mainly due to higher operating expenses and a significant increase in foreign exchange losses.
Operating expenses rose to Rp233.6 trillion from Rp202.2 trillion year-over-year, with fuel and purchased electricity as major contributors.
Basic earnings per share was Rp33,970, down from Rp180,391 year-over-year.
Cash and cash equivalents at period end were Rp29.9 trillion, down from Rp55.9 trillion at year-end 2023.
Segment performance
Java, Bali, and Nusa Tenggara contributed the largest share of revenue at Rp228.6 trillion.
Sumatera, Kalimantan, Sulawesi, and Maluku-Papua segments also showed positive revenue growth.
All regions reported positive operating profit, with Java, Bali, and Nusa Tenggara leading.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage