KUALA LUMPUR: Telekom Malaysia Bhd posted earnings of RM831.81mil in the financial year ended Dec 31, 2014, a decline of 17.8% from RM1.012bil in FY13 due to higher operating costs and high tax charge.
It announced its revenue was however higher by 5.7% at RM11.235bil from RM10.628bil in FY13, mainly due to higher revenue from Internet and multimedia, data and other telecommunication related services partially offset by lower contribution from voice and non-telecommunication related services.
TM said its Consumer Revenue increased by 6.1% in FY14 due to continuing increase in Unifi customers which stood at 604,228 at the end-2014 compared to 530,314 in FY13.
Revenue from IPTV continued to increase with higher number of buys for premium channels and Video on Demand whilst increase in speedmix improved revenue contribution from Streamyx. In line with higher revenue, profit increased by 35.7% to RM204.3mil.
A for the SME, it revenue was RM1.933bil in FY14, which was comparable to FY13. It said the increase in Unifi revenue following increase in customer base to 119,987 at the end FY14 from 101,841 a year ago and an increase in take up of IPTV offerings, mitigated the reduction in voice revenue.
However, its profit decreased by 21.2% to RM281.8mil in FY14 due to higher operating and network costs.
As for its Enterprise Revenue, it increased by 3.3% to RM1.211bil in FY14 from RM1.173bil in FY13 mainly due to higher revenue from one-off customer projects and Internet services.
However, the profit dipped by RM21.4mil to RM212.8mil due to higher operating and network costs in FY14.
Government Revenue for this segment grew by 12.1% to RM2.171bil in FY14 due to higher revenue from other telecommunications, data and Internet and multimedia services despite decrease in voice services.
Profit increased by 12.4% from RM580.9mil in FY13 to RM653.2mil in FY14 in line with the higher revenue.
Global & Wholesale saw a 4.7% growth to RM2.107bil in FY14 mainly contributed by data and infra services despite drop in both domestic and international minutes of usage. Profits increased by 38.0% to RM422.0mil in FY14.
In the fourth quarter ended Dec 31, 2014, its earnings were lower at RM218.29mil compared with RM344.24mil a year ago.
Its revenue, however, increased to RM3.157bil from RM2.979bil. Earnings per share were 5.9 sen compared with 9.62 sen.
It announced a dividend of 13.40 sen compared with 16.30 sen a year ago.
