Time dotCom posts 2Q net profit of RM2.26bil on AIMS divestment proceeds


Time commander-in-chief Afzal Abdul Rahim

KUALA LUMPUR: TIME Dotcom Bhd’s net profit in the second quarter ended June 30, 2023 rose to RM2.264 billion from RM118.28 million in the same quarter last year on the back of proceeds gained from AIMS Data Centre business.

In a filing with Bursa Malaysia, the telecommunication group said the profit earned from the closure of a strategic partnership related to AIMS is worth RM2.262 billion.

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