PETALING JAYA: Regional telecommunications firm Axiata Group Bhd
saw a turnaround in the company’s fortunes, posting a net profit of RM239mil for the first quarter ended March 31 from the net loss of RM309mil in the preceding quarter ended Dec 31, 2016.
The turnaround was due to improved performance from operating companies and greater cost efficiencies.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
