24 Aug '11, 9am

BlogPost- Telekom Malaysia Q2 Financial Results

BlogPost- Telekom Malaysia Q2 Financial Results

Kuala Lumpur,24 August 2011- Telekom Malaysia Berhad (TM) today announced its financial results for the second quarter of 2011 ended 30 June 2011. TM reported positive improvements all-round in its business and showed solid progress in transforming itself into becoming Malaysia’s Information Exchange. The Group posted revenue of RM2,233.6 million for the second quarter of 2011 ended 30 June 2011, up by 3.8%, compared to RM2,150.9 million in the 2Q2010, mainly attributed to higher revenue from Internet and multimedia, data services and other telecommunications related services. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for 2Q2011 was higher at RM746.9 million, up 8.8% from RM686.2 million recorded in 2Q2010. Normalised EBITDA improved 10.4% to RM768.0 million from RM695.5 million in 2Q2010. Normalised EBITDA margin improved by 2.0pp at 33.9%, as ...

Full article: http://www.malaysianwireless.com/2011/08/telekom-malaysia...

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