TM’s Q1 net profit rises on growth across key products


KUALA LUMPUR: Telekom Malaysia Bhd’s (TM’s) year-on-year (y-o-y) first quarter net profit for the period ended March 31 surged 53.5% to RM250.63mil from RM163.31mil on the back of revenues rising by 11% to RM2.38bil.

“The growth was mainly attributed to positive growth across all key products – internet and multimedia, data, voice and other telecommunication related services,” TM said in a statement.

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