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Tuesday, August 23, 2011

Axiata 2Q net profit up 14.9% to RM663m, declares 4c dividend (Edge)

Axiata Group Bhd's net profit rose 14.94% to RM663.05 million for the second quarter ended June 30, 2011 from RM576.82 million a year ago, mainly due to higher contribution from XL, Idea and Multinet, as well as lower depreciation, amortisation and impairment charges.

It said on Tuesday, Aug 23 revenue rose to RM4.05 billion from RM3.85 billion. Earnings per share were 8.0 sen compared with 7.0 sen. Net assets per share was RM2.25. It declared an interim tax exempt dividend of 4.0 sen per share for FY ending Dec 31, 2011.

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