CelcomDigi forecast to lead profit growth for telecoms sector

Maybank IB Research said CelcomDigi's net profit is projected to rise by 50% this year.

PETALING JAYA: The core net profit growth for the local telecoms sector is expected to surge to 26% this year from 5% last year, according to analysts.

This would come on the back of earnings before interest, taxes, depreciation and amortisation growth of 3% for this year and 4% for 2024.