CelcomDigi 2Q net profit rises to RM406.02mil, declares 3.5 sen dividend

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CelcomDigi 2Q net profit rises to RM406.02mil, declares 3.5 sen dividend
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The Singapore-based actor said that he got out of the car immediately to check on the cyclist and call the police.

KUALA LUMPUR: CelcomDigi Bhd’s net profit for the second quarter ended June 30, 2024 rose to RM406.02 million from RM343.51 million in the same quarter last year, on the back of service revenue growth and realising merger synergies and benefits.

Conversely, prepaid revenue decreased due to a reduced subscriber base from fewer rotational one-time sim acquisitions. The filing said the company surpassed the halfway point nationwide in its network integration and modernisation programme, ahead of schedule in the three-year post-merger transformation journey.

"We are maintaining our guidance on service revenue growth of low single-digit increase. This growth highlights the early success of our initiatives, positioning the company for stronger revenue growth in the second half of 2024.

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