“Internet and digital revenue rose 8% y-o-y to RM953mil or 72.4% of service revenue,"it said about its second quarter results.started the second quarter with net profit of RM288.03mil on lower revenue during the movement control order which started on March 18 but it is positive that business activity will resume to pre-MCO levels.
Its earnings per share were 3.7 sen compared with 5.05 sen. It declared an interim dividend of 3.7 sen compared with five sen a year ago. Its operating cash flow at RM545mil or a 37.5% margin. having invested RM225mill capex for network enhancements. The company focused its efforts on securing network availability in critical and high demand locations, transforming channels to provide customers more digital touchpoints to transact, and calibrating offerings to suit customers’ connectivity needs.
Digi also said widescale retail closure during the period however, impacted the company's acquisition activities, while roaming revenues were under significant pressure from a near-complete ban on inbound and outbound travel.Digi’s CEO Albern Murty said: “This was a well-fought quarter with a solid focus on operational efficiency driving business resilience, and on network excellence to support growing customer demand amid impact from Covid- 19.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »