Thursday, February 23, 2012

Axiata reveals net profit growth in 4Q/FY 2011

Malaysian mobile group Axiata has posted a profit for the last three months of 2011, having reported a net loss in the same period a year earlier, when it recorded an impairment loss of MYR1.1 billion (USD356 million) on its investment in Indian unit Idea Cellular. The group has released its financial results for the three- and twelve-month periods ended 31 December 2011, reporting a net profit of MYR544.59 million in its fourth quarter, up from a loss of MYR367.04 million in 4Q10


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OVETEL Axiata reveals net profit growth in 4Q/FY 2011

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