Axiata Group Bhd's pre-tax profit for the third quarter ended Sept 30, 2010 rose to RM1.044 billion from RM768.727 million in the same period last year.
Its revenue increased to RM3.937 billion from RM3.43 billion previously, it said in a filing to Bursa Malaysia today.

For the nine-month period ended Sept 30, 2010, its pre-tax profit increased to RM3.233 billion from RM1.839 billion in the same period last year. Revenue jumped to RM11.604 billion from RM9.556 billion previously.

Axiata said group revenue grew by 14.8 per cent in the current quarter, attributable to the higher revenue contributions from XL, Celcom and Robi Axiata Limited.

XL's revenue grew in tandem with the increase in its subscribers base of 56.6 per cent, while Celcom's revenue grew 6.7 per cent driven by increase in prepaid net additions of 35.0 per cent and broadband subscribers of 69 per cent.

For Robi Axiata, revenue grew by 25.8 per cent, resulting from an increase in prepaid usage and interconnect revenue.

The group expects to continue facing challenges for the financial period ending Dec 31, 2010 and will continue to take a long term view in adopting careful prudent measures to optimise its financial performance.

On the performance outlook, Axiata said the group is on track to exceed the announced Key Performance Index (KPI). -- Bernama