Winning year for Maxis


Lundal: ‘We grew both in revenues and profits, year on year, and won market shares.’

PETALING JAYA: Mobile telecommunications provider Maxis Bhd posted a 38% jump in net profit to RM468mil for the fourth quarter ended Dec 31 compared to the same quarter in the previous year even as competition intensifies.

The company said in a stock exchange announcement that revenue for the quarter was marginally higher at RM2.17bil compared to RM2.12bil on contribution from service revenue, which grew 3.2% despite price-focused competition.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , maxis , earnings , 4q , better , customer , experience

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read