Axiata Group Bhd ( (AXXTF) ) has released its Q3 earnings. Here is a breakdown of the information Axiata Group Bhd presented to its investors.
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Axiata Group Berhad is a leading telecommunications conglomerate based in Malaysia, primarily engaged in providing mobile network services across Asia, with a significant presence in countries like Bangladesh, Sri Lanka, and Cambodia. The company is known for its strategic investments in digital and infrastructure services, positioning itself as a key player in the telecommunications industry.
In its latest earnings report for the third quarter of 2025, Axiata Group Berhad announced a decline in revenue from RM9.57 billion in the same period last year to RM8.78 billion. The company reported a profit of RM532.46 million for the financial period, down from RM1.64 billion in the previous year, reflecting challenges in the current market environment.
Key financial highlights include a decrease in operating costs, with notable reductions in marketing and promotional expenses, as well as direct costs. However, the company faced foreign exchange losses and impairment charges, impacting its overall profitability. Axiata also completed significant strategic transactions, including the merger of PT XL Axiata Tbk with PT Smartfren Telecom Tbk and the disposal of its stake in EDOTCO Investments Singapore Pte. Ltd.
Despite the challenges, Axiata Group Berhad remains focused on its strategic initiatives, including the transition of Linknet to a wholesale fiber company and the expansion of its digital services. The management is optimistic about future growth opportunities, leveraging its strong market presence and strategic investments to navigate the evolving telecommunications landscape.
Looking ahead, Axiata Group Berhad aims to strengthen its financial position and enhance shareholder value through continued operational efficiencies and strategic partnerships. The company is poised to adapt to market changes and capitalize on emerging opportunities in the digital and telecommunications sectors.