Axiata Q2 pre-tax profit rises to RM1.01b
Publish date: Thu, 30 Aug 2012, 04:38 PM
Axiata Group Bhd's pre-tax profit for the second quarter ended June 30, 2012 rose to RM1.011 billion from RM1.010 billion registered in the same quarter last year.
Revenue increased 9.3 per cent to RM4.402 billion, during the period under review, versus RM4.048 billion chalked up in the first six months of last year.
President and Group Chief Executive Officer Datuk Seri Jamaludin Ibrahim said the higher revenue was mainly due to strong growth seen across all major operating companies.
The group's mobile subsidiaries operate under the brand name ‘Celcom' in Malaysia, ‘XL' in Indonesia, ‘Dialog' in Sri Lanka, ‘Robi' in Bangladesh, ‘HELLO' in Cambodia, ‘Idea' in India and ‘M1' in Singapore.
On a yearly basis, Axiata recorded a slightly higher pre-tax profit of RM1.916 billion from RM1.913 billion registered in the first half of last year.
Revenue was up nine per cent at RM8.68 billion, during the period under review, from RM7.99 billion recorded in the same period last year. -- Bernama
Revenue increased 9.3 per cent to RM4.402 billion, during the period under review, versus RM4.048 billion chalked up in the first six months of last year.
President and Group Chief Executive Officer Datuk Seri Jamaludin Ibrahim said the higher revenue was mainly due to strong growth seen across all major operating companies.
The group's mobile subsidiaries operate under the brand name ‘Celcom' in Malaysia, ‘XL' in Indonesia, ‘Dialog' in Sri Lanka, ‘Robi' in Bangladesh, ‘HELLO' in Cambodia, ‘Idea' in India and ‘M1' in Singapore.
On a yearly basis, Axiata recorded a slightly higher pre-tax profit of RM1.916 billion from RM1.913 billion registered in the first half of last year.
Revenue was up nine per cent at RM8.68 billion, during the period under review, from RM7.99 billion recorded in the same period last year. -- Bernama
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ledzepp
Ya, Axiata made billions in profit. Can boast about many brands in so many countries. But despite all these the share price is not moving today. Why? I think investors do not think highly of Axiata, not progressive enough. Digi's valuation is sky high, but it still moving UP. To investors Digi is dynamic, paying dividends and also many rounds of capital repayments. This is what investors want. Come on Axiata, BOD and the Management, wake up, don't just sit pretty in your ivory tower.
2012-08-30 17:54