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NewsAxiata Group 9-month revenue up 5% to RM12.2b
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Axiata Group 9-month revenue up 5% to RM12.2b
by hlk Wed 30 Nov 2011, 18:21
KUALA LUMPUR (Nov 30): Axiata Group Bhd’s revenue for the nine-month period ended Sept 30, rose 5% to RM12.2 billion.
It said on Wednesday that at constant currency, revenue would have been up 8%. Earnings before interest, tax, depreciation and amortisation (EBITDA) dipped 0.2% partly due to the strengthening ringgit against local currencies.
“At constant currency EBITDA would have grown 2.2%.The strengthening ringgit and marked depreciation of the Bangladesh Taka, higher costs incurred to support network expansion for data as well as a change in revenue mix, did have an impact on margins, which dipped 2.3 percentage points to 43.6%,” it said.
Axiata said the underlying profit after tax and minority interests (PATAMI), stripping off the one-off gains from the share disposal in XL and gains from the Spice merger exercise, was RM2 billion, up 5% on the back of continued operational improvements across the main operating companies.
It added that actual PATAMI, inclusive of extraordinary gains last year, decreased by 16%
It said on Wednesday that at constant currency, revenue would have been up 8%. Earnings before interest, tax, depreciation and amortisation (EBITDA) dipped 0.2% partly due to the strengthening ringgit against local currencies.
“At constant currency EBITDA would have grown 2.2%.The strengthening ringgit and marked depreciation of the Bangladesh Taka, higher costs incurred to support network expansion for data as well as a change in revenue mix, did have an impact on margins, which dipped 2.3 percentage points to 43.6%,” it said.
Axiata said the underlying profit after tax and minority interests (PATAMI), stripping off the one-off gains from the share disposal in XL and gains from the Spice merger exercise, was RM2 billion, up 5% on the back of continued operational improvements across the main operating companies.
It added that actual PATAMI, inclusive of extraordinary gains last year, decreased by 16%
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