Earnings release
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TM NEWS RELEASE For immediate release TM SUSTAINS GROWTH AND VALUE CREATION MOMENTUM IN 2Q 2026 ; REVENUE UP 6.8 % , DECLARES SECOND INTERIM DIVIDEND OF 7.0 SEN - KUALA LUMPUR , 20 AUGUST 2026 – Telekom Malaysia Berhad ( “ TM ” or “ the Group " ) today announced its financial results for the second quarter ended 30 June 2026 ( 2Q 2026 ) , recording a 6.8 % increase in revenue to RM2.96 billion compared with the same period last year . The performance was supported by growth across all customer segments and continued traction in convergence , enterprise digital solutions and regional digital infrastructure . The Group maintained resilient underlying performance while advancing its strategic growth priorities . Underlying Profit After Tax and Non - Controlling Interests ( PATAMI ) increased 4.6 % to RM406.3 million in 2Q 2026 , supported by resilient core operations and lower net financing costs . On a reported basis , PATAMI stood at RM365.5 million after accounting for costs related to Prihatin and foreign - exchange movements . For the first half of 2026 ( 1H 2026 ) , revenue grew 4.8 % to RM5.90 billion . Underlying PATAMI increased 7.0 % to RM842.6 million compared with the same period last year , while the reported PATAMI stood at RM687.0 million . The performance remained encouraging despite significant year - on - year adjustments , including the previously announced 5G capacity write - down and other one - off costs . These costs were specific to the period and non - recurring in nature . These strategic actions taken will strengthen TM's operating efficiency and support sustainable long - term growth . Backed by its resilient underlying performance , the Group remains confident in delivering its FY2026 guidance and maintaining its commitment to sustainable dividends for shareholders . Reflecting this positive performance and commitment to value creation , the Board declared a second interim dividend of 7.0 sen per share . This brings the total dividend for 1H 2026 to 13.5 sen per share , representing 75 % of reported PATAMI , higher than the same period last year . Meanwhile , Capital expenditure ( CAPEX ) stood at RM555.7 million in 1H 2026 , representing 9.4 % of revenue , with investments focused on growth initiatives , such as data centre , cloud , GPU - as - a- Service ( GPUaas ) and access to 5G . CAPEX is expected to catch up in the second half of the year as the Group accelerates planned investments , in line with its full - year guidance . Datuk Amar Huzaimi Md Deris , TM Group Chief Executive Officer , said , “ Our overall performance demonstrates how the PWR 2030 strategy is delivering tangible progress across the Group . For consumers , we are strengthening Unifi's convergence proposition by delivering greater value across broadband , mobile and smart home Al solutions , while making premium content more accessible through Unifi TV , such as the FIFA World Cup 2026TM . For enterprises and the Government , we are progressing higher value , “ nationally hosted ” digital solutions , including cloud , cybersecurity , smart services and Al platforms . At the same time , we continue to strengthen our regional connectivity and data centre infrastructure to capture growing demand from hyperscalers and Al - driven workloads . " Embracing Al and sustainability remain integral to our transformation . Guided by Prosperity , Planet and People , we are ensuring that TM's growth strengthens business resilience , advances environmental stewardship and enables inclusive digital progress . " We have taken bold but necessary strategic actions in the first half to strengthen TM's efficiency , competitiveness and profitability in the long run . With the disciplined execution we have continued