PETALING JAYA: Telekom Malaysia Bhd
(TM) has posted an unaudited net profit of RM27.7mil for the first quarter ended March 31, down 75.8% from RM114.4mil in the previous corresponding period.
In a statement to Bursa Malaysia yesterday, the company said the drop in net profit was mainly attributed to higher unrealised exchange loss on foreign currency borrowings of RM175.5mil compared with a gain of RM118.8mil previously.
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