KUALA LUMPUR, Aug 24 (Bernama) -- Telekom Malaysia Bhd's (TM) group profit after tax and minority interests (PATAMI) for the six months ended June 30, 2011 fell to RM290.5 million from RM367.3 million in the same period of 2010.
Revenue, however, increased to RM4.381 billion from RM4.275 billion previously, it said in a filing to Bursa Malaysia today.
TM said the lower PATAMI was primarily due to higher operating costs.
For the second quarter ended June 30, 2011, its PATAMI increased to RM127.2 million from RM124.4 million in the same period last year due to higher revenue and lower net finance cost.
Its revenue rose to RM2.233 billion from RM2.150 billion previously.
It said this was due to higher revenue from Internet and multimedia, data services and other telecommunications-related services which mitigated the impact of lower revenue from voice and non-telecommunications related services.
Meanwhile, group chief executive officer, Datuk Seri Zamzamzairani Mohd Isa, said TM was on track to increase its UniFi broadband service coverage to a total of 78 exchange areas covering 1.1 million premises passed by year-end and 1.3 million premises passed by end-2012.
Zamzamzairani said TM capital expenditure fell to RM749 million during the first half of 2011, as compared to RM804 million spent in the same period last year.
"TM has spent about RM4 billion on its high-speed broadband project up to the first half of year," he said at a media briefing after announcing TM's results today.
He said TM has proposed an interim dividend payout of 9.8 sen per share.
Source: Bernama
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