Telekom Malaysia's FY profit jumps 60%, revenue drops 5%

Thursday 25 February 2021 | 14:28 CET | News
Telekom Malaysia (TM) saw its group revenue reach MYR 10.84 billion for the year ended 31 December 2020, compared to MYR 11.43 billion in the year-earlier period, which represents a decline of 5.2 percent year-on-year. Group EBIT rose 2.3 percent year-on-year to MYR 1.60 billion, from MYR 1.57 billion. Group profit jumped 60.6 percent year-on-year to MYR 1.02 billion from MYR 632.7 million last year.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Telekom Malaysia / TM
Countries: Malaysia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


TM to power Malaysia Digital Economy Blueprint, provide cloud services, infrastructure

Published 24 Feb 2021 11:35 CET | Malaysia
Telekom Malaysia (TM) has announced it has been selected as cloud services provider for Malaysia's Digital Economy Blueprint ...

Telekom Malaysia partners MoEngage to enhance digital customer marketing

Published 18 Feb 2021 11:37 CET | Malaysia
Telekom Malaysia partnered with US-based customer engagement platform MoEngage to drive the digital customer marketing strategy ...

Telekom Malaysia to distribute FNSV Blockchain Secure Authentication products in Indonesia

Published 16 Feb 2021 10:39 CET | Asia
TM One, the enterprise and public sector business services arm of Telekom Malaysia (TM), together with PT VADS Indonesia, a ...

Malaysian operators extend free internet offer for home-based learning

Published 16 Feb 2021 09:36 CET | Malaysia
Malaysian operators Celcom Axiata, Digi Telecommunications, Maxis, U Mobile, and Telekom Malaysia (TM) through unifi Mobile, have ...

Telekom Malaysia deploys fixed broadband connections in more than 272,000 premises in 2020

Published 18 Jan 2021 04:58 CET | Malaysia
Telekom Malaysia has announced it exceeded the target set under the National Digital Infrastructure Plan (Jendela) for the ...

TM One, SME Bank to provide technology funding to SMEs via SME Technology Transformation Fund (STTF)

Published 07 Dec 2020 14:35 CET | Malaysia
TM One, the business and public sector products arm of Telekom Malaysia Berhad (TM), has entered a memorandum of understanding ...

Telekom Malaysia's Q3 profit jumps nearly 20%, revenue up almost 4%

Published 26 Nov 2020 10:28 CET | Malaysia
Telekom Malaysia (TM) posted revenue of MYR 2.69 billion for the third quarter of 2020, which represents a sequential increase of ...

Calendar   /   Industry Events

20 Apr Grameenphone Q1 2021
20 Apr Netflix Q1 2021
20 Apr Atos Q1 2021
20 Apr Iridium Communications Q1 2021
20 Apr Apple 'Spring Loaded' event
21 Apr Elisa Q1 2021
21 Apr HKBN H1 results
21 Apr Crown Castle Q1 2021
21 Apr Netgear Q1 2021
21 Apr Orange Belgium Q1 2021
21 Apr Verizon Q1 2021
21 Apr Rogers Communications Q1 2021
21 Apr Comcast Q1 2021
21 Apr Ericsson Q1 2021
21 Apr Vivendi Q1 2021
21 Apr Proximus AGM
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Orange Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr Intel Q1 2021
22 Apr Snap Q1 2021
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr A10 Networks Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
::: More Calendar Items