Green Packet turns EBITDA positive


Group managing director and CEO CC Puan (pic) is confident that the wave of digital transformation will drive Green Packet’s future prospects as more individuals, companies and governments are embracing the utilisation and adoption of digital services and processes.

PETALING JAYA: Green Packet Bhd turned EBITDA (earnings before interest, taxes, depreciation, and amortisation) positive to RM20,000 in the third quarter ended Sept 30,2020 compared with an EBITDA loss of RM6.45mil in the previous quarter.

Revenue was 12% quarter-on-quarter higher at RM162.7mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Green Packet CC Puan , EBITDA , MyTV ,

   

Next In Business News

Ringgit set for further appreciation amid cautious outlook on US economic data
Malaysia and Indonesia renew local currency bilateral swap agreement
Oil falls on the week on firmer supply outlook
Wong is CMI regional board member for Malaysia
On the verge of a potential breakout
Ringgit likely to hit RM3.55 to US dollar
Capital A, AAX overhaul is looking up
Raising the bar for entertaining at home
OB Holdings eyes RM28.8mil from ACE Market IPO
Long-term opportunity?

Others Also Read