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Update Telekom 4Q profit falls 5% y-o-y to RM344m

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Update Telekom 4Q profit falls 5% y-o-y to RM344m Empty Update Telekom 4Q profit falls 5% y-o-y to RM344m

Post by Cals Fri 28 Feb 2014, 01:32

Update Telekom 4Q profit falls 5% y-o-y to RM344m
Business & Markets 2014
Written by Ho Wah Foon of theedgemalaysia.com   
Thursday, 27 February 2014 13:00

KUALA LUMPUR (Feb 27): Telekom Malaysia Bhd’s net profit fell 5% year-on-year (y-o-y) to RM344 million in the fourth quarter ended Dec 31, 2013, from RM363 million.

But revenue rose 6% y-o-y to RM2.98 billion from RM2.81 billion.

In a statement to Bursa Malaysia, the telecommunications giant declared a final dividend of 16.3 sen per share, taking total dividend payout to 26.1 sen per share for the full year of 2013.

For the full-year period, net profit fell to RM1.01 billion from RM1.26 billion in the previous year, while revenue recorded was higher at RM10.63 billion from RM9.99 billion a year ago.
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