Axiata Group Berhad, a Kuala Lumpur-based telecommunications and technology company, said on August 28 that its first-half 2026 underlying profit after tax and minority interests (PATAMI) more than doubled to 717.2 million ringgit (US$178 million).

The company also declared a first interim dividend of 5.5 sen a share.

Revenue fell 3.2% year on year to 5.7 billion ringgit (US$1.41 billion), which Axiata said mainly reflected currency translation effects.

On a constant-currency basis, revenue rose 7.3%, earnings before interest, tax, depreciation, and amortization (EBITDA) increased 14.1%.

Earnings before interest and tax (EBIT) climbed 80.9%.

Axiata reported 678.3 million ringgit (US$168 million) in operating free cash flow, 3.7 billion ringgit (US$918 million) in cash, and net debt to EBITDA of 2.63x.

The company said stronger contributions from operating companies including CelcomDigi, XLSMART, Robi, and Dialog supported earnings growth.

🔗 Source: Axiata Group Berhad

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