Fixed line incumbent Telekom Malaysia (TM) has released its financial results for the three months ended 31 March 2012, revealing a more than 53% year-on-year increase in net profit on the back of higher revenues and an unrealised foreign exchange gain on its US dollar debt. For the three-month period TM posted a profit after tax and minority interest (PATAMI) of MYR250.6 million (USD81.7 million), up from MYR163.3 million in the corresponding quarter a year earlier
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OVETEL Telekom Malaysia Q1 net income boosted as revenues rise
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