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KUALA LUMPUR (July 18): The net profit of Maxis Bhd for the second quarter ended June 30, 2018 (2FY18) decreased by 16.43% to RM 478 million, against RM 572 million. previous year, mainly due to amortization expense. In a deposit with Bursa Malaysia, the company said its business figure remained stable at 2.25 billion RM, compared with 2.34 billion RM the year before.
Maxis declared an interim dividend of 5 sen per share payable September 27, 2018
For the six months ended June 30, Maxis recorded a net profit of RM 1 billion against RM 1.07 billion on a business figure of 4.48 billion RM against 4.71 billion RM a year earlier
. Revenue rose 2.4% qoq to RM 1.01 billion from RM 985 million in the prior quarter, maintaining strong leadership in this segment with a stable ARRU of RM 94.
The steady growth of shared lines as it continues to innovate to create value within the family. MaxisONE Plan continued to attract customers with innovative device offerings, adding 67,000 new subscribers in Q2
Despite general market easing, intense price competition, SIM card consolidation and migration . The prepaid business figure has stabilized with growth of 0.6% to 854 million yuan, with a slowing down in the number of subscribers, which is due to marketing initiatives well conducted and effective use of data analysis. Mobile Internet revenue growth (MI), he explains.
Maxis says ARPU prepaid meanwhile, remains stable at RM42 per month.
Robert Nason, CEO of Maxis, said: experiments, provided stable results for 2QFY18.
"We are pleased that we are seeing strong growth in postpaid payments and good in recovering our prepaid bus
" We will continue to focus on operational efficiency and invest in maintaining a superior network. Overall, we are optimistic about what our customers expect because we are creating more quality digital experiences for them, "added Nason
.
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