Telekom Malaysia’s quarterly profit rises 1.7% as board declares 12.5 sen interim dividend
Telekom Malaysia Bhd posted a 1.7% increase in net profit for the second quarter, lifting its interim dividend to 12.5 sen per share.
Source: Telekom Malaysia · July 23, 2026 at 11:07 PM · AI-assisted report
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KUALA LUMPUR, 24 JULY 2026 —
Telekom Malaysia Bhd posted a 1.7% increase in net profit for the second quarter, lifting its interim dividend to 12.5 sen per share.
Market Impact
The group’s profit after tax and non-controlling interests rose to RM403.0 million in the three months ended 30 June 2025, compared with RM396.2 million a year earlier. Earnings before interest and tax climbed 4.5% to RM640.0 million, the company said in a filing to Bursa Malaysia.
Revenue slipped 2.1% to RM2.82 billion from RM2.88 billion in the same period last year, reflecting “intensely competitive market” conditions, management said. For the first half, revenue fell 2.1% year-on-year to RM5.62 billion while EBIT declined 5.8% to RM1.19 billion, mainly because of foreign-exchange losses.
Underlying EBIT rose after adjusting for those losses, the group said, adding that return on invested capital improved to 12.81% from 12.34% a year ago. TM maintained its 2025 guidance and declared a first-half interim dividend of 12.5 sen per share, amounting to RM479.7 million.
Amar Huzaimi Md Deris, group chief executive, said the results showed “resilience and ability to execute” despite a challenging market. He pointed to stronger convergence growth, improved cost structures and disciplined capital management as drivers behind the better margin performance.
“The Group continues to strengthen its long-term position through strategic investments in digital technologies,” Amar Huzaimi said, citing AI infrastructure, data centres and expanded fibre coverage as key areas. He added that TM is building Malaysia’s first Smart Eco-Village on Pulau Tioman and launching a new Faculty of Artificial Intelligence and Engineering at Multimedia University.
Communications and Multimedia Minister Tan Sri TPr Annuar Haji Musa visited TM’s Network Operations Centre in Cyberjaya the same day, saying he was confident the group’s infrastructure could deliver 100% national connectivity. “We will leave no Malaysian behind,” he told reporters after the tour.
Dato’ Mohammed Azlan Hashim, TM’s chairman, said the visit highlighted the group’s role as the nation’s connectivity backbone. “As a Government-Linked Company, TM remains committed to supporting Malaysia’s digital ambitions under JENDELA and MyDIGITAL,” he said.
TM One, the group’s enterprise and public-sector arm, said it had been named Frost & Sullivan’s Malaysian Cybersecurity Services Company of the Year for 2022. Shazurawati Abd Karim, TM One’s executive vice-president, said the award reflected the unit’s full suite of cybersecurity services and deep understanding of Malaysian needs.
“We work with organisations to assess their security posture and provide advisory services through our TM One Cyber Defense Centre,” she said. “Cybersecurity is now a top priority for Malaysian enterprises and government agencies.”
Analysts said the dividend increase and improved ROIC would reassure investors, though they noted that revenue pressure remained a watch-point. The group’s fibre and data-centre investments are expected to drive medium-term growth, they added.
Related: Telekom Malaysia