Axiata nine-month profit grows 7%

Dylan Bushell-Embling
30 Nov 2012
00:00

Malaysia's Axiata said its group net profit for the first nine months of FY12 grew 7% to 2.2 billion ringgits ($722.4 million), thanks partly strong data growth in Malaysia and Indonesia.

The operator reported revenue for the period of 13.23 billion ringgits, a year-to-date growth of 9%. Also contributing to the revenue growth were active subscriber gains in Sri Lanka and Bangladesh.

But foreign currency fluctuations constrained growth somewhat – in constant currency, revenue would have grown by 12% and post-tax profit by 9%.

At home, Celcom reported year-to-date revenue growth of 8% to 5.8 billion ringgits, with the company attributing the gains to higher take-up of data services in the market. The company ended the nine months with 12.4 million Malaysian subscribers.

Indonesian subsidiary XL Axiata grew its revenue 14% over the same period to 16 trillion rupiah ($1.66 billion), with data accounting for 60% of revenue growth. XL's data subscribers reached 25 million – or 60% - of the operator's total mobile base.

Sri Lanka's Dialog Axiata improved its PAT for the period by 43% to 5.1 billion Sri Lankan rupees ($39.1 million), but capex also climbed 56% due to investments in fiber and mobile broadband.

In Bangladesh, Robi Axiata grew its revenue by 28% but its PAT by just 3% over the nine months.

Related content

Follow Telecom Asia Sport!
Comments
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.