Telekom Malaysia Reports Rise In Q2 Profit

Telekom Malaysia Bhd MYTEF reported a 2.3% rise in its second quarter net profit. Telekom Malaysia's net profit for the period rose to MYR127.2 million ($42.0 million), from MYR124.4 million, in the year-ago period. Its revenue climbed 3.9% y/y to MYR2.23 billion from MYR2.15 billion. Telekom Malaysia's data revenue surged 7.1% y/y to MYR455.0 million from MYR424.9 million.