Time Dot Com 3Q net profit down 21% to RM28mil


KUALA LUMPUR: Time Dot Com Bhd’s third quarter net profit fell 21% to RM28.24mil from RM36mil a year ago due to lower dividend income, higher depreciation charges and higher cost incurred for cable repair works.

However, its revenue rose 19.8% to RM131.93mil from RM110mil a year ago due to contributions from all product categories, led mainly by data products with an increase of RM19mil.

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