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The Star
28-05-2025
- Business
- The Star
TM posts lower 1Q net profit of RM401mil but revenue edges up
KUALA LUMPUR: Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year. Its revenue, however, rose slightly by 0.5 per cent to RM2.85 billion from RM2.83 billion previously, driven primarily by higher contributions from data, other telecommunication services and the education segment. TM said its first quarter revenue performance was in line with expectations, coming within the projected low single-digit growth range. "Growth in business-to-business (B2B) digital solutions and sustained demand in the carrier-to-carrier (C2C) segment helped offset the softer business-to-consumer (B2C) performance,' it said in a stock exchange filing. TM said it remains focused on strengthening its core operations, scaling enterprise and digital services, and enhancing cost efficiency to stay on track with its 2025 strategic commitments. - Bernama
Malaysian Reserve
28-05-2025
- Business
- Malaysian Reserve
TM's 1Q net profit down 5.5% on 5G costs despite stable revenue
TELEKOM Malaysia Bhd (TM) saw a 5.5% year-on-year drop in net profit to RM401.26 million for the first quarter ended March 31, 2025 (1Q25), down from RM424.81 million a year earlier, mainly due to 5G access costs and higher device expenses. Revenue inched up 0.5% to RM2.85 billion, supported by stronger business-to-business (B2B) digital solutions, carrier-to-carrier (C2C) demand, and the education segment, helping offset weaker business-to-consumer (B2C) performance. '1Q25 revenue grew as expected, within the projected low single-digit range,' the group said. Operating costs rose 7.6% year-on-year to RM1.8 billion, though lower net finance costs helped partially offset the pressure. TM invested RM280 million, or 9.8% of revenue, in capital expenditure focused on digital infrastructure such as data centres, domestic fibre, and submarine cables. Looking ahead, group CEO Amar Huzaimi Md Deris said TM is focusing on core strengths to tap into opportunities like data centres, GPU-as-a-Service, cloud, and smart services, aiming for disciplined execution and long-term value creation. — TMR
New Straits Times
28-05-2025
- Business
- New Straits Times
TM posts lower 1Q net profit of RM401mil but revenue edges up
KUALA LUMPUR: Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year. Its revenue, however, rose slightly by 0.5 per cent to RM2.85 billion from RM2.83 billion previously, driven primarily by higher contributions from data, other telecommunication services and the education segment. TM said its first quarter revenue performance was in line with expectations, coming within the projected low single-digit growth range. "Growth in business-to-business (B2B) digital solutions and sustained demand in the carrier-to-carrier (C2C) segment helped offset the softer business-to-consumer (B2C) performance," it said in a stock exchange filing. TM said it remains focused on strengthening its core operations, scaling enterprise and digital services, and enhancing cost efficiency to stay on track with its 2025 strategic commitments.
