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TM 2Q net profit jumps 51%, declares 9.4 sen dividend

TM 2Q net profit jumps 51%, declares 9.4 sen dividend

KUALA LUMPUR (Aug 29): Telekom Malaysia Bhd's net profit rose 51% year-on-year to RM210.48 million in its second quarter ended June 30, 2017 (2QFY17), thanks to the impact of foreign exchange gain on its borrowings in the quarter under review.

In contrast, the group booked foreign exchange losses in the corresponding period last year, when net profit came in at RM139.45 million, its Bursa Malaysia filing today showed.

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