Telekom Malaysia Bhd has an-nounced that it is on the comeback path following stronger performances from its cellular and multimedia divisions. TM Cellular Sdn Bhd, its cellular arm, has made a long awaited return to the black, posting a pre-tax profit of RM9.8mil from a loss of RM150mil for the financial year to end December. Its subscriber base is now some 1.6 million.
For its financial year to Dec 31, Telekom posted a group profit after tax of RM1.08bil on a revenue of RM9.8bil. In 2001, it made revenues of RM9.67bil while its profit after tax was RM1.84bil.