KUALA LUMPUR: Maxis Bhd's net profit increased 5.3 per cent to RM360 million in the second quarter (Q2) ended June 30, 2021 from RM342 million recorded in the same quarter last year.
Maxis, in a statement today, said this was achieved on the back of its converged solutions strategy, while focusing on providing the best connectivity and support for communities in this challenging environment.
For Q2, the company continued to see strength in its core mobile and home broadband businesses, driving solid service revenue as well as net profit growth.
Its revenue in the same quarter grew 5.3 per cent to RM2.26 billion from RM2.15 billion.
Maxis' capital expenditure (capex) for the quarter stood at RM180 million to support the data traffic growth, as well as investment in fibre and enterprise growth.
Maxis said it continued to fulfil its commitments to Jalinan Digital Negara (Jendela), overachieving its first half (1H) 2021 targets while taking steps to increase its network capacity and upgrades to cater to the growing data consumption.
On a blended basis, Maxis' customers used an average of 24.4 gigabyte a month, an increase of 15.8 per cent year-on-year.
Maxis chief executive officer Gökhan Ogut said the company would remain focused on ensuring that its customers – from individuals, homes, and businesses – have access to the best solutions and services.
Maxis has declared a four sen interim dividend for the quarter.
For the six month period, Maxis' net profit eased marginally to RM694 million from RM699 million, while revenue remained unchanged at RM4.49 billion.