CelcomDigi Q2 net profit falls 9.3pct on higher costs
KUALA LUMPUR: CelcomDigi Bhd's net profit fell 9.3 per cent year-on-year to RM398 million in the second quarter ended June 30, 2026, due to increased costs related to 5G network utilisation and net financing.
CelcomDigi Bhd reported a 9.3% year-over-year decline in net profit to RM398 million in the second quarter of 2026, primarily due to higher costs associated with 5G network utilization and net financing. However, revenue increased slightly by 0.3% to RM3.19 billion, aided by targeted marketing efforts in postpaid and home fibre services.
The gains resulted in 3.8% and 37.2% subscriber number increases in these segments, adding RM61 million to revenue growth. Prepaid revenue dropped by RM31 million, reflecting CelcomDigi's strategic move away from single-use prepaid SIMs, while device sales fell by RM24 million. For the first half of 2026, net profit decreased by 0.9% to RM816 million, with revenue remaining largely unchanged at RM6.39 billion.
CelcomDigi ended the quarter with 20.3 million subscribers and announced a second interim dividend of 3.4 sen per share. CEO Albern Murty emphasized the company's commitment to sustainable growth, operational efficiency, and long-term value creation, highlighting progress on operational excellence programs and strategic investments.
CelcomDigi expects to meet full-year operational efficiency targets and address medium- to long-term structural costs in the second half, targeting sustainable service revenue growth and margin improvements. The company is also collaborating with Digital Nasional Bhd (DNB) shareholders to finalize the acquisition of the Finance Ministry's stake in DNB.
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