TM Group reported its 9-month financial highlights showing a 6.8% growth in revenue to RM8.38 billion compared to RM7.84 billion in 2020. Profits saw a 17.1% jump to RM1,414.8 million, from RM1,208.6 million as a result of revenue growth and continuous cost optimisation initiatives.
“Throughout 2021, we’ve focused our efforts to deliver digital connectivity and solutions in supporting the sustainability and recovery of our country. As a result, we are able to deliver another solid quarter of revenue and net profit growth- Imri Mokhtar Group CEO TM
The next focus for TM will be on delivering enhanced customer experience and strengthening our digital offerings across all customer segments in unifi, TM ONE, and TM WHOLESALE.
TM recorded the highest increase in unifi subscribers for three consecutive quarters, registering an additional 210,000 new unifi subscribers in both the consumer and micro, small and medium sized enterprise (MSMEs) segments.
This record-breaking growth was fuelled by high demand for connectivity and digitalisation tools which have become an important necessity. To deliver this demand, TM has been adding higher number of broadband ports and delivering a wider fibre network coverage. This expansion has exceeded TM’s committed targets in JENDELA action plan. The fast network rollout together with strong frontline support, a steady marketing push and speedy installation had cemented customer’s confidence and trust.
Beyond connectivity, unifi has steadily strengthened its entertainment proposition with the addition of 19 new content offerings comprising 7 content streaming services and 12 new channels.
Supporting the Government’s push to digitalise MSMEs, unifi registered encouraging increase of productivity and digital tools utilisation amongst its 375,000 MSME customers, leveraging the Government’s Digitalisation Grant.
