Maxis 4Q earnings up 47.5% to RM900m

by **Bursa berserker** Fri 24 Feb 2012, 19:06

Maxis 4Q earnings up 47.5% to RM900m, 16c dividends
KUALA LUMPUR (Feb 24): Maxis Bhd’s earnings jumped 47.5% to RM900 million in the fourth quarter ended Dec 31, 2011 from RM610 million a year ago.

The company had on Friday also declared dividends totaling 16 sen per share. It declared a fourth interim single-tier tax exempt dividend of 8.0 sen per share for FY ending Dec 31, 2011 to be paid on March 30. It also proposed a final single-tier tax exempt dividend of 8.0 sen per share for FY11.

Maxis said its 4Q revenue inched up 1.9% to RM2.265 billion from RM2.31 billion. Earnings per share were 12 sen compared with 8.10 sen.

For FY11, it earnings rose 10.1% to RM2.527 billion from RM2.295 billion while revenue dipped 0.7% to RM8.80 billion from RM8.869 billion.