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PRESS RELEASE For Immediate Release ● • Group reports consolidated revenue growth of 13.3 % year - on - year ● Data centre and data product groups lead revenue growth Consolidated profit before tax of RM250.9 million recorded in 1H 2021 TIME Continues Growth Momentum in 1H 2021 TIME Shah Alam , 27 August 2021 - TIME dotCom ( " TIME " or the " Group " ) posted consolidated Group revenue of RM678.5 million for the six - month period ended 30 June 2021. This was a 13.3 % year on - year increase as a result of higher revenues from the data centre and data product groups . For the period under review , the Group's consolidated profit before tax grew by 12.3 % to RM250.9 million compared to RM223.5 million recorded for the same period of the preceding year . This was attributed to higher overall revenues in the current half year period and a higher share of profits from associates . Outlook Afzal Abdul Rahim , TIME's Commander - in - Chief , said , " We are hopeful for a recovery even though headwinds are expected to persist for the near term as the wider economy grapples with the cascading effects of the COVID - 19 pandemic . While network availability and stability remain a priority , the Group is also poised to capitalise on opportunities that may arise in the cloud and data centre space . " Despite the challenges from the effects of the COVID - 19 pandemic , the Group is hopeful that a recovery is forthcoming as the country ramps up efforts to vaccinate its population and affected sectors start to reopen . However , the Group is still vigilant as it ensures the sustainability of its operational and financial performance . In line with supporting national telecommunications and digital economy objectives under JENDELA and the Malaysia Digital Economy Blueprint ( MyDIGITAL ) , network availability and stability remain a priority as the Group works on further strengthening its existing domestic fibre network infrastructure and expanding coverage . Furthermore , the Group aims to strengthen its strategic position in the cloud and data centre space as it keeps an eye out for opportunities to fortify the Group's long - term growth . Regionally , the Group continues to tap into demand for cross - regional connectivity and data centres in ASEAN in line with its regional expansion plans . END 1 TH