Maxis’ net profit increases to RM1.56bil in FY25


Maxis CEO Goh Seow Eng.

KUALA LUMPUR: Maxis Bhd has reported a 12% increase in its bottomline in the financial year 2025 (FY25) as compared to the previous year on the back of higher service revenue in its consumer home and enterprise segments.

The telecommunication company said in a statement its annual net profit rose to RM1.56bil as compared to RM1.4bil in FY24, while revenue rose to RM10.64bil from RM10.54bil over the same comparison.

Earnings before interest, taxes, depreciation and amortisation (Ebitda) improved 5% to RM4.33bil, contributed by operational efficiencies.

Additionally, earnings per share was higher at 19.9 sen as compared to 17.8 sen previously.

In the fourth quarter alone, Maxis’ net profit was RM380mil, up from RM321mil in the same quarter of the previous year, while revenue improved to RM2.88bil from RM2.77bil in the comparative quarter.

The group declared a fourth interim dividend of four sen a share and a one-time dividend of 1.5 sen a share, bringing its total payout for the year to 17.5 sen a share.

“Our disciplined execution and operational focus delivered results consistent with our guidance, underscored by one of our highest-ever Ebitda,” said Maxis chief executive officer Goh Seow Eng.

“Looking ahead, our strategy is to strengthen our consumer segment and expand our enterprise offerings beyond connectivity, including the growth of our wholesale business.

“We are investing in our network infrastructure and utilising artificial intelligence or AI-driven digitalisation to enhance efficiency and meet future demands.”

During the year, Maxis said service revenue increased 0.5% year-on-year (y-o-y) to RM8.91bil.

Underpinning this performance, consumer home service revenue grew 2.4% y-o-y to RM1.02bil, with subscriptions increasing 1.9% to 799,000.

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