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What is Axiata Q1 2016 Financial Results about?

Axiata Group Berhad reported a 5.4% increase in Q1 2016 revenue to RM5.0 billion and a 7.7% rise in EBITDA to RM1.9 billion, driven by strong performances from XL, Dialog, and Smart. Despite challenges faced by Celcom, the overall EBITDA margin reached its highest in seven quarters at 37.4%. The Group anticipates continued growth, particularly in data revenue, and expects positive contributions from the recent acquisition of Ncell.

Author

Gopal Alan

Language

EN