TM continues to deliver strong customer growth

TM group chief executive officer Imri Mokhtar said the group would continue to grow its profitability to invest and seize opportunities arising from digital acceleration.

PETALING JAYA: Telekom Malaysia Bhd’s (TM) net profit went up 4.4% to RM339.84mil in the first quarter ended March 31, 2022 (1Q22) from RM325.46mil driven by lower finance cost from early redemption of RM2bil sukuk completed a year ago.

In a statement, the telco said lower foreign exchange translation loss on borrowings also drove its earnings higher.