TdC posts lower second quarter earnings


KUALA LUMPUR: TIME Dotcom Bhd (TdC) posted a lower net profit of RM22.98mil in its second quarter ended June 30 (Q2), compared with RM24.45mil in the same quarter last year.

The company said that on “a like-to-like basis (excluding profit from the global bandwidth business, dividend income received from the TdC’s investment in DiGi.Com Bhd shares and finance expenses), TdC’s profit before tax would have increased by RM5mill in the current quarter compared to the the corresponding period in 2009.”

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