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Axiata Group profit jumps 45.9% boosted by tower gains at XL

2015-11-27 13:13:00| Telecompaper Headlines

(Telecompaper) Axiata Group saw its revenue increase by 7.6 percent quarter-on-quarter to MYR 5.1 billion in the third quarter of 2015. EBITDA was up 8.7 percent to MYR 1.9 billion, and profit after taxation and minority interests (PATAMI) jumped 45.9 percent to MYR 891 million. PATAMI growth was mainly driven by one-off tower gains at XL1 and foreign exchange gains, the company said.

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