Maxis 3Q net profit rises to RM365mil

Maxis CEO Gökhan Ogut said the group delivered another quarter of strong performance, driven by our agility in adapting to a rapidly changing and challenging environment.

KUALA LUMPUR: Maxis Bhd’s net profit rose 2% to RM365mil in the third quarter ended Sept 30, from RM358mil in the same period last year due to lower depreciation.

Revenue, however, fell 3.2% to RM2.21bil in the third quarter against RM2.28bil a year ago. Earnings per share (EPS) for the period stood at 4.70 sen from 4.60 sen previously.