Link Net's Financial Losses Widen in Q3 2025

Significant Increase in Losses

PT Link Net Tbk (LINK), a provider of internet and cable TV services, has reported a substantial increase in its financial losses for the third quarter of 2025. The company recorded a net loss of Rp 1.02 trillion as of September 2025, representing a 28.24% rise compared to the loss of Rp 801.54 billion in the corresponding period of the previous year.

Factors Contributing to Increased Losses

The financial statement released on the Indonesia Stock Exchange (IDX) information disclosure platform revealed that the primary factors behind this increase in losses were the significant rise in network expenses and amortization costs. These increased operational costs have negatively impacted the company's bottom line, resulting in a larger than expected loss for the period.

Operational Challenges

The substantial increase in network expenses suggests that Link Net faced challenges in maintaining or expanding its network infrastructure. Additionally, the rise in amortization costs indicates potential investments in assets or acquisitions that are being depreciated over time. These factors together have contributed to the company's financial strain.

Impact on Financial Performance

The reported loss highlights the difficulties Link Net is facing in managing its operational costs while maintaining its service quality. As a major player in Indonesia's telecommunications sector, the company's financial health is closely monitored by investors and industry analysts. The significant increase in losses may prompt the company to reevaluate its cost management strategies and operational efficiencies.