KUALA LUMPUR: Axiata Group Bhd
slipped into the red with a net loss of RM27.35 million in the third quarter ended Sept 30, 2025 (3Q FY2025) from a net profit of RM976.67 million in the same period last year, as revenue was weighed down by unfavourable foreign currency translation.
In a filing with Bursa Malaysia today, the telecommunications company (telco) said its revenue fell to RM2.92 billion from RM3.06 billion previously, mainly due to unfavourable foreign currency translation impact as a result of operating companies' (OpCos) currencies depreciating against the ringgit.
