Maxis 4Q net profit up 33.4% to RM355m, Div 5c


Maxis CEO Gökhan Ogut said the group was happy to close 2019 on a high note. “We delivered a strong Q4, with continued leadership in our core mobile business whilst making strong progress towards our convergence ambition. The year saw us expanding our Enterprise team and building solid partnerships with the best in the industry to deliver more value to businesses in Malaysia."

KUALA LUMPUR: Maxis Bhd's net profit rose 33.4% to RM355mil in the fourth quarter ended Dec 31,2019 from RM266mil a year ago as its solid operational performance was driven by strong postpaid growth, high and stable mobile average revenue per user (Arpu).

In a statement issued on Thursday, Maxis said the strong performance was also underpinned by consistent growth in fibre subscriptions in both consumer and enterprise.

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