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Maxis to innovate itself out of pandemic pressure
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Major Malaysian players close fibre sharing deal
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Maxis cautious on 2021 as Q4 profit tumbles - Mobile World Live
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Friday, 26 Feb 2021 02:53 PM MYT
Revenue also declined to RM2.26 billion from RM2.59 billion previously. Reuters pic
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KUALA LUMPUR, Feb 26 Maxis Bhd’s net profit for the fourth quarter ended Dec 31, 2020 (Q4 2020) eased to RM319 million from RM353 million in Q4 2019.
Revenue also declined to RM2.26 billion from RM2.59 billion previously, the telco said in its filing with Bursa Malaysia today.
“The service revenue fell to RM1.94 billion compared to RM1.99 billion in Q4 2019, largely due to the temporary lack of international roaming income due to COVID-19.