Axiata posts 2Q net profit of RM277.76mil, declares 4c div/share

KUALA LUMPUR: Demonstrating resilience against a series of lockdowns, Axiata Group Bhd posted a net profit of RM277.76mil in the second quarter ended June 30, 2021, which was more than two-fold its net profit of RM80.02mil in the previous corresponding period.

"Whilst the same quarter last year does not make a realistic base for year-on-year (y-o-y) performance comparison owing to the watershed period that saw the region grapple with the brunt of Covid-19 shockwaves, the group stood steady in delivering its year-to-date performance, demonstrating agility and learning in adjusting to pandemic shifts.