Maxis net profit climbs 2% in the third quarter


Strong performance: The group delivers another quarter of strong performance, driven by its agility in adapting to a rapidly changing and challenging environment. Malaysia. - Bloomberg

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.

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