MALAYSIA’S biggest telephone company, Telekom Malaysia Bhd
(TM), reported a 45% drop in net profit for the first half ended June 30, 2005 to RM800mil from RM1.45bil a year ago due to intense competition and the lack of a one-off gain that it enjoyed a year earlier.
Sales were marginally higher by 3.6% at RM6.7bil from RM6.5bil a year ago. Pre-tax profit also fell 39.5% to RM1bil from RM1.7bil. Earnings per share (EPS) dropped from 44.4 sen to 23.6 sen.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
