PETALING JAYA: Maxis Bhd
has posted a net profit of RM319mil in its fourth quarter ended Dec 31,2020 (Q4) and RM1.38bil for its financial year 2020 (FY20), proving its resilience amid a challenging year due to the Covid-19 pandemic.
In a statement issued yesterday, it said it closed 2020 with a resilient Q4 performance, registering stable service revenue and a healthy normalised earnings before interest, taxes, depreciation and amortisation (Ebitda), while maintaining a high Ebitda margin.
“Strengthening its leadership in converged solutions, the company’s Q4 performance was driven by healthy growth in its core mobile, enterprise and fibre businesses.
...