TM net profit soars to RM1.14bil in FY22 on higher operating profits


KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) net profit surged to RM1.14 billion in the financial year ended Dec 31, 2022 (FY2022) from RM895.21 million achieved in FY2021, amid higher operating profits and lower financing cost.

Revenue rose to RM12.12 billion in FY2022 from RM11.53 billion previously, the telecommunication group said in a filing to Bursa Malaysia today.

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