TIME dotCom’s Q3 earnings shrink to RM65.95m | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

KUALA LUMPUR, Nov 26 — TIME dotCom Bhd’s (TIME) net profit for the third quarter (Q3) ended September 30, 2020, fell to RM65.95 million from RM82.99 million posted in the same quarter last year. Revenue, however, rose 11.3 per cent to RM309.55 million from RM278.16 million previously, it said...

KUALA LUMPUR, Nov 26 — TIME dotCom Bhd’s net profit for the third quarter ended September 30, 2020, fell to RM65.95 million from RM82.99 million posted in the same quarter last year.

TIME said the increase in revenue was mainly due to higher recurring data revenue, which grew RM26.6 million and data centre revenue, which grew RM4.5 million respectively. On its prospects, the group said it remained steadfast in its commitment to ensure 100 per cent network availability and stability throughout these challenging times for the country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EPF records RM17.33b in gross investment income for Q3PETALING JAYA: The Employees Provident Fund (EPF) recorded a gross investment income of RM17.33 billion for the third quarter ended Sept 30, amid cont...
Source: theSundaily - 🏆 25. / 51 Read more »

EPF posts RM17.33bil investment income in Q3, assets stand at RM942bil | New Straits TimesKUALA LUMPUR: The Employees Provident Fund (EPF) recorded a gross investment income of RM17.33 billion for the third quarter (Q3) ended September 30, 2020 amid continued volatility in the capital markets in an operating environment overshadowed by Covid-19.
Source: NST_Online - 🏆 17. / 53 Read more »