Axiata Group Bhd ( (AXXTF) ) has released its Q1 earnings. Here is a breakdown of the information Axiata Group Bhd presented to its investors.
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Axiata Group Berhad is a telecommunications conglomerate based in Malaysia, primarily operating in the digital telco and infrastructure sectors across various Asian countries. The company is known for its diverse portfolio, including digital services and infrastructure solutions.
In its latest earnings report for the first quarter of 2025, Axiata Group Berhad reported a decline in revenue and EBITDA compared to the same period last year, primarily due to currency depreciation and lower contributions from certain segments. However, the company saw a significant increase in profit after tax, driven by foreign exchange gains and reduced finance costs.
Key financial highlights include a revenue of RM5.09 billion, a decrease of 11.3% from the previous year, and an EBITDA of RM2.45 billion, down by 12.5%. Despite these declines, the profit after tax rose by 53% to RM308.5 million, with profit attributable to owners of the company more than doubling to RM159.8 million. Geographically, performance varied, with Indonesia and Bangladesh experiencing revenue declines, while Sri Lanka and Cambodia showed resilience.
Looking ahead, Axiata Group Berhad remains focused on navigating macroeconomic challenges and optimizing its operations across different regions. The management is cautiously optimistic about leveraging its strategic initiatives to enhance shareholder value and sustain growth in the coming quarters.