PETALING JAYA: Telecommunications giant Axiata Group Bhd
has announced it will be exiting the Myanmar market after posting a net loss of RM1.99bil for the financial year ended Dec 31, 2023 (FY23) on a turnover of RM22bil, compared to a net profit of RM9.75bil the year before.
This represented a loss per share of 21.7 sen in FY23 against an earnings per share of 106.3 sen in the previous year.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
