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Telekom Malaysia posts FY20 net profit of RM1.01b

KUALA LUMPUR: Telekom Malaysia Bhd posted net profit of RM1.01bil in the financial year ended Dec 31,2020, an increase of 60.5% from RM632.67mil a year ago.

It announced on Wednesday its revenue was slightly lower at RM10.84bil compared with RM11.43bil a year ago.

In the fourth quarter, it posted net profit of RM259.43mil compared with a net loss of RM51.09mil a year ago.

Its revenue was lower at RM3bil compared with RM3.03bil a year ago. Earnings per share were 6.87 sen compared with loss per share of 1.37 sen. It announced a dividend of 7.50 sen a share.

https://www.thestar.com.my/business/business-news/2021/02/24/telekom-malaysia-posts-fy20-net-profit-of-rm101b


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