KUALA LUMPUR: Telekom Malaysia Bhd
(TM) recorded a stronger financial performance in the second quarter ended June 30, 2023 (2Q 2023) with net profit surging to RM568.74 million from RM378.06 million in the same period a year earlier.
Revenue for the quarter rose 0.3 per cent to RM3.10 billion from RM3.09 billion previously propelled by Unifi’s expansion which saw a substantial increase to 3.11 million fixed broadband subscribers, the telecommunication company said in a filing with Bursa Malaysia today.
"The growth was also due to TM Global’s solid 10 per cent revenue growth driven by higher demand for domestic and international data services,” it said.
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