KUALA LUMPUR: Maxis Bhd’s earnings fell 10.6% to RM537 million in the third quarter ended Sept 30 from RM610 million a year ago on higher administrative expenses and network operation costs.
It said on Wednesday that revenue was 1.3% higher at RM2.244 billion from RM2.216 billion a year ago, while earnings per share were 7.2 sen compared with 8.0 sen. It declared a third interim single-tier tax exempt dividend of 8.0 sen per share.
“The increase in revenue was primarily driven by all round increases in both voice and non-voice revenues underlying the company’s thrust in these areas and the strengthening of its grip on future revenues,” it said.
Maxis said the increase in voice revenue was largely due to higher usage, while its non-voice revenue momentum built up over the last few years continued at a solid 8% growth on the back of higher mobile internet usage and wireless broadband (WBB) revenue.
“Non-voice revenue contributed 44.0% of total mobile services revenue in 3Q 2011, up from 42.7% in 2Q 2011,” it said.
Maxis said during the quarter, its average revenue per user (ARPU) increase. Postpaid ARPU continuously improved from RM105 in 1Q to RM108 in 2Q and RM110 in 3Q.
“The increase in postpaid ARPU was mainly due to increase in internet and data usage,” it said.
Maxis said that prepaid ARPU also increased mainly driven by higher minutes of usage, reflecting early success of its revenue improvement program.
As at Sept 30, Maxis’ total subscription base stood at 14.2 million.
For the nine months ended Sept 30, it reported a 3.4% decline in net profit to RM1.627 billion compared with RM1.685 billion in the previous corresponding period. Its revenue dipped 0.3% to RM6.535 billion from RM6.559 billion.
It said on Wednesday that revenue was 1.3% higher at RM2.244 billion from RM2.216 billion a year ago, while earnings per share were 7.2 sen compared with 8.0 sen. It declared a third interim single-tier tax exempt dividend of 8.0 sen per share.
“The increase in revenue was primarily driven by all round increases in both voice and non-voice revenues underlying the company’s thrust in these areas and the strengthening of its grip on future revenues,” it said.
Maxis said the increase in voice revenue was largely due to higher usage, while its non-voice revenue momentum built up over the last few years continued at a solid 8% growth on the back of higher mobile internet usage and wireless broadband (WBB) revenue.
“Non-voice revenue contributed 44.0% of total mobile services revenue in 3Q 2011, up from 42.7% in 2Q 2011,” it said.
Maxis said during the quarter, its average revenue per user (ARPU) increase. Postpaid ARPU continuously improved from RM105 in 1Q to RM108 in 2Q and RM110 in 3Q.
“The increase in postpaid ARPU was mainly due to increase in internet and data usage,” it said.
Maxis said that prepaid ARPU also increased mainly driven by higher minutes of usage, reflecting early success of its revenue improvement program.
As at Sept 30, Maxis’ total subscription base stood at 14.2 million.
For the nine months ended Sept 30, it reported a 3.4% decline in net profit to RM1.627 billion compared with RM1.685 billion in the previous corresponding period. Its revenue dipped 0.3% to RM6.535 billion from RM6.559 billion.
