Kuala lumpur: Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year. However, Malaysia’s leading integrated telco said its revenue edged down 0.9 per cent to RM2.56 billion in the quarter under review from RM2.58 billion previously.
According to BERNAMA News Agency, Maxis’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose 4.6 per cent year-on-year (y-o-y) to RM1.09 billion, supported by effective cost management. The company noted that underlying service revenue remained stable, with growth in the consumer postpaid, home, and enterprise segments. Despite a flat y-o-y service revenue at RM2.20 billion, the company attributed this to the ongoing impact of changes in commercial arrangements for its device protection programme, first announced in 1Q 2025.
In the consumer mobile segment, service revenue fell 1.3 per cent y-o-y, influenced by the commercial arrangements and lower interconnect rates. Nevertheless, mobile subscriptions rose 2.8 per cent y-o-y, driven by strong postpaid growth from enhanced data plans offering greater value. The prepaid segment remains focused on targeted offerings, particularly for travellers and cost-conscious consumers.
Maxis reported that the consumer home segment, which encompasses fibre broadband and home solar solutions, maintained steady momentum with a 1.2 per cent increase in service revenue y-o-y, in line with a 1.4 per cent increase in total home connections. The enterprise business also sustained growth momentum, with a 1.5 per cent rise in service revenue, supported by higher mobile subscriptions and growth in fixed and solutions revenue.
Chief executive officer Goh Seow Eng highlighted the 2Q results as a demonstration of Maxis’s resilience, supported by disciplined operational excellence. He emphasized the company’s focus on driving greater efficiency and reliability through digitalisation and artificial intelligence (AI) to enhance and automate processes, such as network optimisation.
Goh stated, “We maintain our full-year guidance for low single-digit service revenue growth and flat to low single-digit EBITDA growth, and will continue to invest strategically in our network and offerings to enhance our integrated capabilities and meet evolving customer needs.” He also announced an interim dividend of four sen per share, reflecting the company’s sound fundamentals and strong cashflow.
Looking ahead, Maxis anticipates intense competition in the telecommunications sector. The company plans to enhance customer value through innovative connectivity solutions and highly reliable services across its nationwide network. Maxis is committed to optimising operational efficiencies to ensure sustainable long-term growth, with a focus on five priority areas for 2025: bundling and cross-selling to strengthen the consumer segment, expanding the enterprise business, building infrastructure and wholesale, digitalisation and AI adoption, and operational excellence.