Axiata reports net profit of RM24.7mil for fourth quarter


Press briefing: Jamaludin ( left) and group chief financial officer Vivek Sood briefing reporters on the firm’s fourth quarter results.

KUALA LUMPUR: Axiata Group Bhd has posted a net profit of RM24.73mil in its fourth quarter ended Dec 31, 2017 compared with a net loss of RM309.50mil previously on the back of strong growth from the group’s key mobile operating entities in Indonesia, Malaysia and Bangladesh.

Revenue, meanwhile, rose to RM6.26bil from RM5.79bil a year earlier, bolstered by continued traction in the data revenue segment.

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