Axiata performs better than expected

Axiata president and group chief executive officer Datuk Izzaddin Idris said the group is targeting low single digit revenue and earnings before interest, depreciation and amortisation (Ebitda) growth for 2021

PETALING JAYA: Axiata Group Bhd, which reported a net profit of RM365.16mil for the financial year 2020, is cautiously optimistic about its prospects in 2021.

President and group chief executive officer Datuk Izzaddin Idris said the group is targeting low single digit revenue and earnings before interest, depreciation and amortisation (Ebitda) growth for 2021, on the back of the anticipated recovery that will be spurred by global vaccination efforts.