SUBANG: TIME Dotcom Bhd
, which is allocating RM270mil for capital expenditure (capex), hopes to push its earnings before interest, tax, depreciation and amortisation (EBITDA) margin to the 40% level.
“It is very tough to push it (EBITDA margin) higher, especially with price erosion (in the fixed-line business due to competition). It’s hard to creep up even 1% per annum,” chief executive officer Afzal Abdul Rahim told a briefing after the group AGM yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
