Time dotCom surprises as Q2 net profit up 42.4% to RM92.5m


Time dotCom said the higher profit before tax results were mainly due to higher overall revenue growth in the current quarter on the back of better margins due to improved cost efficiency.

KUALA LUMPUR: TIME Dotcom Bhd staged a strong financial performance in the second quarter ended June 30, 2019 as its net profit rose by 42.4% to RM92.50mil from RM64.94mil a year ago, underpinned by strong growth in its data business.

It announced on Tuesday its revenue increased by 15.8% to RM277.82mil from RM239.85mil a year ago. Earnings per share were 15.85 sen compared with 11.17 sen.

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Time dotCom , data , voice , Afzal Abdul Rahim

   

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