Telekom Malaysia Delivers RM1.14 Billion In PATAMI Rising 27.7% YoY

Telekom Malaysia Berhad’s FY22 operating revenue grew by 5.1% to RM12.12 billion, from RM11.53 billion in 2021 earnings Before Interest and Tax grew by 22.2% to RM2.09 billion, from RM1.71 billion last year. Profit After Tax and Minority Interest (PATAMI) rose to RM1.14 billion from RM0.90 billion, up 27.7% through higher operating profit and lower financing costs.

The group’s capex stood at 20.0% of overall revenue, amounting to RM2.43 billion invested to deliver growth in fibre services, network modernisation, and upgrades. The main driver Unifi’ consumers and MSMEs business recorded revenue growth of 7.5% from RM5.22 billion to RM5.61 billion contributed by an increased number of home and MSME customers.

TM One reported a 0.5% growth in revenue from RM3.32 billion to RM3.34 billion in 2022, after several years of revenue decline amidst changing market dynamics and competitive landscape. This is attributed to higher recurring revenue and bespoke solutions deployment, as a trusted technology partner for large enterprises and the Government.

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