Financials
REDtone sells part of its China business
Net proceeds from sale to be mainly used to fund its working capital
Part of group’s plan to ‘simplify its core business,’ REDtone says
REDtone Q4 net profit shrinks by half
Telco services provider REDtone International Bhd saw its fourth quarter net profit shrink by almost half, mainly due to lower data revenue.
ICT reseller 1 Utopia's first half losses widen
Says lower revenue in Q2 due to poor sales of notebooks and smartphones
Expects Malaysian retail sector to continue to be challenging in 2014
DiGi’s Q2 revenue rises 5.6%, Internet revenue up 39.6%
DiGi.Com Bhd reported second-quarter 2014 revenue rose 5.6% year-on-year to RM1.746 billion (US$546.56 million), boosted by Internet revenue growth which increased 39.6% compared to the same quarter last year.
Epson Malaysia enjoys 'strong year' with 13% growth in 2013
Epson Malaysia Sdn. Bhd. announced today that in the financial year 2013, from April 2013 to March 2014, the company achieved 13% year-on-year growth.
Celcom remains optimistic despite Q1 revenue dip
Q1 2014 revenue decline the first for Celcom since Q1 2006
Encouraged by smartphone adoption in suburban, rural areas
Great year, but TIME moves to address glacial EBITDA growth
Karamjit Singh feels that TIME dotCom is going to make some interesting acquisitions in the coming year as it tries to escape from an industry that affords it 1% EBIDTA growth a year.
TM 2014 first quarter revenue up 8.1% to RM2.62bil
Telekom Malaysia announced year-on-year (YoY) revenue growth of 8.1% for the first quarter ended March 31, to RM2.62 billion from RM2.42 billion in the corresponding period last year. Growth was mainly driven by Internet, data and other services.
Generous Maxis dividends may not be sustainable: Analysts
At a recent brieifing with analysts in announcing its latest financial results, Maxis Bhd hinted that it may pay out fewer dividends in its next financial year. Goh Thean Eu looks into what investors can expect.
Better times ahead for Astro, say analysts
Analysts expect better times ahead for Astro Malaysia Holdings Bhd, despite the rising content costs being experienced by the satellite TV operator.