Maxis’ Net Profit For 3Q 2026 Rises To RM447 Mln From RM412 Mln Posted In The Same Quarter A Year Ago

KUALA LUMPUR, Nov 6 (Bernama) -- Maxis Bhd’s net profit for the third quarter ended Sept 30, 2026 rose to RM447 million from RM412 million registered in the same quarter a year ago.

Revenue for the quarter improved 3.7 per cent to RM2.68 billion from RM2.58 billion, contributed by growth in both service revenue of 1.1 per cent and higher device revenue.

“Consumer business segment has grown its revenue by 1.3 per cent at RM1.84 billion. Growth was contributed by the postpaid segment which saw increase in subscription base by 4.4 per cent to 4.27 million subscribers that contributed to the increase in revenue to RM979 million, supported by targeted approach in acquiring customers of various segments,” it said in a filing with Bursa Malaysia today.

As for the prepaid segment, it recorded revenue of RM611 million, a slight decline of 0.8 per cent due to the new prepaid registration guidelines.

For the nine-month period ended Sept 30, 2026, net profit improved to RM1.3 billion from RM1.18 billion in 2025 with revenue increasing to RM8.07 billion from RM7.75 billion.

On the full year outlook, Maxis said its guidance for the financial year ending Dec 31, 2026 is a low single digit increase in service revenue; a low single digit growth in earnings before interest, taxes, depreciation, and amortisation; and capital expenditure intensity about 10 per cent of total revenue.

The board of directors has declared a third interim single-tier tax-exempt dividend of 4.5 sen per share to be paid on Dec 22, 2026 with entitlement date on Nov 30, 2026.

-- BERNAMA