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LATEST COMPANY ANNOUNCEMENT
Maxis Berhad
Bursa: MAXIS
Q2 FY2025
Associate: Anne Ching
Maxis delivers stable growth with increased profitability in Q2
21 Aug 2025
- EBITDA of RM1,094 million, a 4.6% increase year-on-year (YoY)
- Profit After Tax of RM398 million, an 11.8% increase YoY
- Service Revenue of RM2,204 million, a 0.5% decrease YoY
- Interim dividend of 4 sen per share
Maxis, Malaysia's leading integrated telco, delivered stable growth with improved profitability in the second quarter ended 30 June 2025. Driven by a disciplined focus on operational excellence and cost management, earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by a healthy 4.6% year-on-year (YoY) to RM1,094 million. In line with this, Profit After Tax (PAT) rose by 11.8% to RM398 million.
Underlying service revenue remained stable, with growth in the Consumer Postpaid, Home, and Enterprise segments. Maxis registered service revenue of RM2,204 million, flat YoY due to the continued impact from the change in commercial arrangements for the Company's device protection programme, which was first announced in Q1 2025 and is expected to affect YoY comparisons for the remainder of the year.
In Consumer Mobile, service revenue declined by 1.3% YoY, impacted by the aforementioned commercial arrangements and lower interconnect rates. However, mobile subscriptions grew by 2.8% YoY, led by healthy growth in Postpaid from enhanced data plans that deliver greater value. The Prepaid segment remains focused on targeted product offerings, most recently for travellers and budget-savvy consumers.
The Consumer Home segment, which includes fibre broadband and home solar solutions, maintained a steady momentum with service revenue growth of 1.2% YoY in tandem with a 1.4% increase in total Home connections. The Company’s converged Home proposition continues to deliver exceptional customer value and a seamless experience for households across mobile and broadband connectivity, devices, and solar energy.
The Enterprise business maintained its growth momentum with a 1.5% rise in service revenue, driven by higher mobile subscriptions alongside growth in fixed and solutions revenue. Ongoing business digitalisation continues to boost demand for connectivity and cloud services, driving growing adoption of adjacent solutions like IoT, cybersecurity, managed services, and artificial intelligence (AI). The Company maintains a healthy pipeline of business across all key enterprise segments, from small and medium enterprises (SMEs) to large corporates and the...