Axiata expects to beat FY guidance after strong Q2 growth

Axiata expects to beat FY guidance after strong Q2 growth

(Telecompaper) Axiata said its ‘Shifting Gear’ strategy launched at the end of 2018 is starting to bear fruit, with a solid improvement in Q2 results. Revenues rose 3.7 percent year-on-year to MYR 6.2 billion, EBITDA increased 13.1 percent to MYR 2.3 billion, and net profit improved 12.2 percent to MYR 250 million. 
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