Telekom Malaysia Q2 earnings jump 173% to RM348.4m


KUALA LUMPUR: Telekom Malaysia Bhd's earnings rose 173% to RM348.45mil in the second quarter ended June 30, 2012 from RM127.24mil a year ago and it rewarded shareholders with an interim dividend of 9.8 sen a share.

It announced on Wednesday that the higher earnings were mainly due to the higher revenue, change of useful life of network assets and recognition of deferred tax income, which partially offset the impact of unrealised foreign exchange loss on borrowings in the current year quarter.

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