Axiata's 9M net profit surges ahead to RM1.17bil

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KUALA LUMPUR: Axiata Group Bhd said barring any unforeseen circumstances in the macroeconomic environment, revenue growth is expected to be in line with targets and earnings before interest and taxes (Ebit) ahead of headline targets for the current financial year.

"Axiata remains committed to strengthening the business by optimising use of capital and improving operational efficiencies.

"We foresee potential opportunities from stabilising currencies, synergy extraction from merged companies and sustained benefits from portfolio optimisation and asset monetisation.

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Category: EconomyBusiness

Markets: MalaysiaBangladeshIndonesia

Topics: Robi Telcos Smart XL Axiata /Business/Business News Edotco Dialog Profit Link Net

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 13:38:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23913817

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