Business Times :22 February 2010

Telekom Malaysia’s full-year net profit was RM643 million, compared with RM791.9 million the previous year. Its pre-tax profit jumped to RM921.588 million for the financial year ended December 31, 2009 as compared with RM353.803 million in the previous year.

However, the group's revenue declined by 0.8 per cent to RM8.607 billion as compared with RM8.674.9 billion recorded in the last financial year, mainly due to lower revenue from its Malaysian Emergency Rescue Services 999 (MERS 999) system in the current financial year."Excluding revenue from MERS 999, the current year revenue would have increased by 0.9 per cent as compared with preceding financial year," said TM in a filing to Bursa Malaysia.

Operating profit before finance cost increased by 46 per cent to RM1.064 billion due to lower operating costs recorded in the current financial year and the absence of losses on disposal of equity investment. -- Bernama

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