Telco giant Maxis Berhad reported a net profit of RM391 million for the second quarter of the year. — Reuters pic
The result was 3.2 per cent lower than its previous quarter but Maxis chief executive officer Gökhan Ogut said the company remains confident about the outlook full year, especially on the potential that 5G solutions offer. “The potential of 5G in a future of smart solutions is tremendous. To this end, our 5G live trials are progressing well. We continue to be at the forefront of introducing new technologies to Malaysia,” he said in a statement announcing the results.
Overall service revenue also saw a 1.5 per cent quarter-on-quarter decline to RM1.918 billion from RM1.947 billion.
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