Telekom Malaysia Q1 earnings up 53% to RM250.63m


KUALA LUMPUR: Telekom Malaysia's net profit rose 53.4% to RM250.63mil in the first quarter ended March 31, 2012 from RM163.30mil a year ago due to higher revenue and also higher unrealised forex gain on its US dollar debt.

Following the strong set of its results, TM said on Wednesday its focus for 2012 would still be maintaining its position as Malaysia's broadband champion, with Streamyx and UniFi as its key broadband products.

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