Maxis Bhd By RHB Research Market perform (maintain) Target price: RM6.30
MAXIS Bhd's core net profit of RM556mil for the first quarter ended March 31 was within our expectation. This is an increase of 1.5% quarter-on-quarter and 3.2% year-on-year and accounted for 25% of our and full-year consensus estimates.
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