28 Feb '13, 4am

Blog- Blog- TIME Posts a Record 34% Revenue Growth @afzalr

TIME Posts a Record 34% Revenue Growth [Business] TIME dotCom Bhd posted a record RM419.1 million in revenue for its financial year ending 31 December 2012, a 34% increase from RM313.9 million recorded in the same period a year ago, driven by new revenue streams contributed by regional bandwidth sales, data centre, and continuous growth of its domestic fixed-line business. On a comparable basis, operating profits year on year rose 57% to RM76.8 million. Profit before tax, after taking into account investment income, for the financial year ended 31 December 2012 jumped 32% to RM157 million. Over the course of 2012, TIME registered double-digit growth across all of its market segments, accounting for its record profits. For the full financial year, revenue from TIME’s Enterprise segment grew by 40%, while its Wholesale segment expanded by 31%. In its Consumer and SME segment...

Full article: http://www.malaysianwireless.com/2013/02/time-dotcom-quar...

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