PETALING JAYA: Following a plunge in normalised earnings for the second quarter by 79% year-on-year to RM45mil, Axiata Group Bhd’s upcoming third quarter results are expected to rebound to a net profit that will surpass its first quarter’s RM121mil.
According to AmInvestment Bank Research, the earnings expectation remained within its FY20 forecast earnings of RM526mil, which is 18% below consensus’ RM638mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!