Maxis Q2 Turnover Increased 6.6% Attributed to Service Revenue And Device Revenue

Maxis Bhd achieved a pre-tax profit of RM500 million on the back of a turnover of RM2.424 billion for the year ending June 30, 2022, from a pre-tax profit of RM484million on the back of a turnover of RM2.274 billion previously
In a Bursa filing, it said that the Group recorded a 6.6% year-on-year increase in total revenue to RM2,424 million, attributed to growth in both service revenue and device revenue. Service revenue increased 4.3% to RM2,084 million, on the back of better consumer and enterprise business.
Consumer revenue increased 4.4% to RM1,698 million, noting steady growth in Postpaid and Home Connectivity, offset by a slight decline in Prepaid. Enterprise revenue also increased 4.0% to RM386 million. In line with building the foundation for the business and creating momentum, Enterprise business accounts grew 4.0% to 89k BRNs as of Q@ 2022.
In a statement by Gökhan Ogut, CEO, Maxis “Our solid performance across all segments underlines our sharp focus on our strategy and agility, and we are well-positioned for continued growth in a rapidly changing and competitive telco landscape.

We are focused on continuously improving our converged network performance and leveraging our strong talent pool in striving to deliver the best innovation and services to our customers.”

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