TM rings up higher quarterly net profit

Commenting on the results, TM group chief executive officer Imri Mokhtar (pic) said TM’s efforts in cost optimisation continue to yield results with a healthy Ebit and strong Patami.

PETALING JAYA: Telekom Malaysia Bhd’s (TM) net profit for its third quarter ended Sept 30, rose 26% to RM329.40mil from RM261.31mil in the previous corresponding period, due to lower direct costs and higher other operating and investment income.

Revenue in the third quarter stood at RM2.69bil compared with RM2.85bil in the previous corresponding period, it said in a filing with Bursa Malaysia yesterday.