Maxis Bhd’s net profit rose 10.65% to RM488mil in the second quarter ended June 30 and declared a second interim dividend of 5 sen net per share.
Its revenue for the quarter was flat at RM2.10bil compared with RM2.11bil in the same period a year ago. Its earnings per share for the quarter rose to 6.50 sen against 5.90 sen a share previously.
Chief executive officer Morten Lundal said the quarter was not its easiest where competition tried to improve subscriber market share by lowering prices.
“After some initial market turbulence, we saw at the closing of the quarter our results improve and we managed to keep our revenue and profit at similar levels compared to last year,” he said in a statement.
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Its revenue for the quarter was flat at RM2.10bil compared with RM2.11bil in the same period a year ago. Its earnings per share for the quarter rose to 6.50 sen against 5.90 sen a share previously.
Chief executive officer Morten Lundal said the quarter was not its easiest where competition tried to improve subscriber market share by lowering prices.
“After some initial market turbulence, we saw at the closing of the quarter our results improve and we managed to keep our revenue and profit at similar levels compared to last year,” he said in a statement.
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