KUALA LUMPUR: Maxis Bhd
posted net profit of RM39mil in the fourth quarter ended Dec 31,2020 and RM1.38bil for FY2020, proving its resilience amid a challenging year due to the Covid-19 pandemic.
In a statement issued on Friday, it said it closed 2020 with a resilient 4Q performance, registering stable service revenue and a healthy, normalised earnings before interest, tax, depreciation and amortisation (EBITDA), while maintaining a high EBITDA margin.
“Strengthening its leadership in converged solutions, the company’s 4Q 2020 performance was driven by healthy growth in its core mobile, enterprise and fibre businesses.
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