Reporter: Yuliana Hema |Editor: Tendi MahadiKONTAN.CO.ID - JAKARTA.The telecommunication issuer, PT XL Axiata Tbk (EXCL) recorded EBITA growth throughout the first semester.However, the company's expenses have increased.XL Axiata's Chief Finance Officer, Budi Pramantika, explained that in both cases, XL Axiata's EBITDA increased 12% quarterly to Rp 3.56 trillion.Meanwhile, EXCL's net profit increased by Rp 476 billion.As a result, throughout the first semester, this telecommunications issuer recorded EBITDA growth of 4% on an annual basis to Rp 6.73 trillion.In terms of net profit, XL Axiata pocketed a net profit of Rp 615 billion."Overall, these positive achievements were driven by the implementation of operational excellence in all lines of the organization," Budi said in a media update in Jakarta, Tuesday (30/8).Also Read: XL Axiata Bonds and Sukuk (EXCL) Oversubscribed 85%If you take a peek at the company's financial statements, EXCL posted revenue of Rp 14.07 trillion, an increase of 8.48 percent yoy in the first half of this year from Rp 12.9 trillion.The increase in revenue was also in line with the increase in EXCL expense items, which rose 10.73% on an annual basis from the previous Rp 11 trillion to Rp 12.18 trillion.EXCL's gross profit also dropped by 4.08% to Rp 1.88 trillion.As of the end of June 2022, XL Axiata has a total of more than 144 thousand BTS, with the number of 4G BTS increasing significantly to 88,447.This number increased 39% compared to the same period last year.XL Axiata reports that during the period June 2021-June 2022, 92% of the company's 3G BTS shares have been extinguished and only around 4,221 BTS remain.Budi targets all 3G BTS to be extinguished by the end of 2022.Next: Overcoming Personal Data Leaks, Commission I of DPR Committed to Complete the PDP BillCheck other News and Articles on Google News