Maxis 3Q net profit down 30%, pays 5 sen dividend

Maxis 3Q net profit down 30%, pays 5 sen dividend

The Edge Markets - Malaysia·2019-10-25 14:14

KUALA LUMPUR (Oct 25): Maxis Bhd said today third quarter net profit fell 30% to RM358 million from RM513 million a year earlier, as the mobile telecommunication network provider registered lower postpaid and prepaid revenue.

In a statement to Bursa Malaysia today, Maxis said its postpaid service revenue for the third quarter ended Sept 30, 2019 (3QFY19) decreased 4.4% to RM979 million from RM1.03 billion. Maxis said prepaid revenue declined 6.7% to RM794 million from RM851 million.

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