Latest news with #RM371


New Straits Times
16-05-2025
- Business
- New Straits Times
Maxis' net profit up 5.1pct to RM371mil, revenue rises to RM2.61bil in Q1
KUALA LUMPUR: Telecommunications company Maxis Bhd reported a 5.1 per cent increase in net profit to RM371 million for the first quarter ended March 31 2025. This was mainly due to lower net finance costs compared to RM353 million in the same quarter last year, Maxis said today. Its revenue inched up 0.2 per cent to RM2.61 billion from RM2.6 billion previously, supported by higher device sales driven by increased volume. However, the company's service revenue dipped 0.9 per cent to RM2.17 billion, impacted by a revised commercial structure for the SafeDevice programme and lower regulated interconnect rates. The company also announced an interim dividend of four sen per share for the quarter. Maxis said it remains committed to boosting customer value by driving service innovation and maintaining a highly reliable network. "We are committed to optimising operational efficiencies to ensure sustainable long-term growth," it added. Maxis has identified five key focus areas for 2025. This includes bundling and cross-selling to strengthen its consumer base, and growing its enterprise business while remaining aligned with its core offerings. The company will also prioritise infrastructure and wholesale development, digitalisation and artificial intelligence (AI) adoption, as well as operational excellence. Maxis chief executive officer Goh Seow Eng said the company expects to see a rebound in service revenue with low single-digit growth, along with flat to modest growth in earnings before interest, taxes, depreciation and amortisation by the end of the year. This is backed by disciplined capital spending of under RM1 billion, strategically directed toward key areas that support long-term growth and improved customer value. "We are actively building greater resilience in a dynamic market by strengthening our core operations and driving digital transformation," Goh added.


Malay Mail
02-05-2025
- Health
- Malay Mail
RM165m in healthcare projects for Penang as Seberang Jaya Hospital begins new chapter in cardiac care
BUTTERWORTH, May 2 — Seberang Jaya Hospital has been named the northern region's primary referral centre for cardiology and paediatric cardiothoracic services, a move aimed at easing pressure on Penang General Hospital and improving access to specialist care. Health Minister Datuk Seri Dr Dzulkefly Ahmad said the upgrade follows the completion of a nine-storey extension at the hospital, significantly expanding its capacity and medical capabilities. 'This will play an important role in decongesting other hospitals in the region,' Dzulkefly said, adding that the enhanced facilities would allow for faster access to complex medical treatment for residents. He was speaking to reporters after the project's handover ceremony today, which Works Minister Datuk Seri Alexander Nanta Linggi also attended. With the new block, Seberang Jaya Hospital now houses 729 beds and 11 operating theatres. The facility is expected to begin operations in stages on May 5. Beyond cardiology and cardiothoracic services, the hospital will host subspecialty departments, including otorhinolaryngology (ENT), paediatric cardiology and rehabilitative medicine, he said. The RM371 million extension project was first commissioned in 2016 under a design-and-build contract managed by the Public Works Department (JKR). Dr Dzulkefly also announced that 17 new projects valued at RM9.42 million will be launched under the federal government's Rolling Plan 5 (RP5) within the 12th Malaysia Plan (RMK12). A further 19 ongoing projects under RMK10, RMK11 and RP4 of RMK12, with a combined value of RM155 million, are also in progress. Altogether, 36 healthcare projects worth RM165 million are slated for implementation in the state. On another note, the minister flagged delays in several Health Clinic (KK) projects. Among them is the KK3 Bandar Tasek Mutiara, which has been stalled for nearly a year but is now back on track. Another, KK3 Mak Mandin, approved in 2023, has yet to break ground. He also called for faster progress on the RM72 million KK2 Bayan Lepas clinic, which received special funding approval from Prime Minister Anwar Ibrahim. — Bernama


The Sun
02-05-2025
- Health
- The Sun
Seberang Jaya Hospital named northern region's specialist heart centre
BUTTERWORTH: Seberang Jaya Hospital has been named the northern region's primary referral centre for cardiology and paediatric cardiothoracic services, a move aimed at easing pressure on Penang General Hospital and improving access to specialist care. Health Minister Datuk Seri Dr Dzulkefly Ahmad said the upgrade follows the completion of a nine-storey extension at the hospital, significantly expanding its capacity and medical capabilities. 'This will play an important role in decongesting other hospitals in the region,' Dzulkefly said, adding that the enhanced facilities would allow for faster access to complex medical treatment for residents. He was speaking to reporters after the project's handover ceremony today, which Works Minister Datuk Seri Alexander Nanta Linggi also attended. With the new block, Seberang Jaya Hospital now houses 729 beds and 11 operating theatres. The facility is expected to begin operations in stages on May 5. Beyond cardiology and cardiothoracic services, the hospital will host subspecialty departments, including otorhinolaryngology (ENT), paediatric cardiology and rehabilitative medicine, he said. The RM371 million extension project was first commissioned in 2016 under a design-and-build contract managed by the Public Works Department (JKR). Dr Dzulkefly also announced that 17 new projects valued at RM9.42 million will be launched under the federal government's Rolling Plan 5 (RP5) within the 12th Malaysia Plan (RMK12). A further 19 ongoing projects under RMK10, RMK11 and RP4 of RMK12, with a combined value of RM155 million, are also in progress. Altogether, 36 healthcare projects worth RM165 million are slated for implementation in the state. On another note, the minister flagged delays in several Health Clinic (KK) projects. Among them is the KK3 Bandar Tasek Mutiara, which has been stalled for nearly a year but is now back on track. Another, KK3 Mak Mandin, approved in 2023, has yet to break ground. He also called for faster progress on the RM72 million KK2 Bayan Lepas clinic, which received special funding approval from Prime Minister Anwar Ibrahim.