"Murty (right in file pic) has grown through the ranks of DiGi, and has contributed strongly to the company
PETALING JAYA: Digi.Com Bhd’s net profit slipped 14.7% to RM358.9mil in the second quarter ended June 30 from RM420.6mil a year ago, mainly due to progressively higher depreciation and additional finance cost from its sukuk issuance.
The telco said its pre-tax profit stood at RM483mil after accounting for progressively higher depreciation to RM194mil, up 35.7% year-on-year (y-o-y) and 10.2% quarter-on-quarter, and additional finance costs from the issuance of RM900mil Islamic bonds in April 2017. Digi said its net profit margin remained healthy at 23% during the quarter.
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