Axiata40 revenue 2.98B ringgit

Axiata40 revenue 2.98B ringgit

Axiata Group Reports Strong H1 2025 Profit Amid Strategic Realignments

Axiata Group Berhad reported a profit after tax and minority interest (PATAMI) of MYR 430.7 million for the first half of 2025, representing a more than 100% year-on-year increase. The performance was driven by disciplined cost management, improved cash flow, and debt reduction under its 5*5 strategic framework. Operating free cash flow (FCF) after leases surged 90.7% YoY to MYR 868.7 million, while the Group maintained a cash balance of MYR 4.9 billion.

Revenue declined marginally by 0.9% on a constant currency basis, reflecting market challenges, but EBITDA growth of 2.3% and reduced finance costs contributed to a 39.0% rise in underlying PATAMI to MYR 203.7 million. The Board declared a first interim dividend of 5.0 sen per share, distributing MYR 1 billion in dividends year-to-date, underscoring its commitment to shareholder returns.

Chairman Tan Sri Shahril Ridza Ridzuan attributed the results to "disciplined execution and strategic clarity", emphasizing progress in key markets and portfolio optimization. Group CEO Vivek Sood highlighted the completion of the XLSMART merger and the exit from Myanmar as pivotal steps in reducing structural risks and enhancing financial flexibility under the 5*5 strategy.

Looking ahead, Axiata prioritizes cash flow improvement, operational efficiency, and capital allocation to strengthen its balance sheet and elevate dividend yields. The Group's focus on strategic realignment and risk mitigation positions it to navigate regional market dynamics while delivering sustainable returns to stakeholders.

(https://www.telecomreviewasia.com/news/industry-news/14395-strategic-realignment-and-disciplined-execution-axiata-reports-profit-of-myr-431-million/): Axiata Group Berhad, "Strategic Realignment and Disciplined Execution: Axiata Reports Profit of MYR 431 Million," Telecom Review Asia, 2025.