COLOMBO: Axiata Group reported its highest revenue ever, breaking the MYR 20 billion barrier in 2016. Group revenue jumped 8.5 percent to MYR 21.6 billion compared to MYR 19.9 billion in the previous year, mainly boosted by positive fourth quarter contributions across most of the Axiata operating companies (OpCos).
Group EBITDA rose 10 percent to MYR 8 billion and margin improved by 0.6 percentage points to 37.2 percent for the year, on the back of higher revenue.
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