Maxis Q3 net profit rose 8.5pct, declared 4.5 sen dividend
KUALA LUMPUR: Maxis Bhd's net profit rose 8.5 per cent to RM447 million in the third quarter ended Sept 30, 2026, from RM412 million a year earlier, driven by higher revenue and stronger performance in its consumer business segment.
Maxis Bhd reported an 8.5% increase in net profit to RM447 million in the third quarter ended September 30, 2026, compared to RM412 million in the same period last year. The company declared a third interim dividend of 4.5 sen per ordinary share for the financial year ending December 31, 2026. Maxis's consumer business segment drove the higher revenue, with postpaid revenue growing by 2.8% year-on-year, primarily due to a 4.4% increase in its subscriber base to 4.27 million subscribers.
However, average revenue per user (ARPU) decreased to RM70.10, down from RM70.80 in Q3 FY25 and RM70.50 in Q2 FY26. Prepaid revenue declined marginally by 0.8% to RM611 million, partly due to new prepaid registration guidelines. For the nine months ended September 30, 2026, net profit rose 10.1% to RM1.3 billion from RM1.18 billion, while revenue increased 4.0% to RM8.07 billion from RM7.76 billion.
Maxis CEO Goh Seow Eng attributed the strong performance to disciplined execution and a converged strategy. The company expects low single-digit growth in service revenue and earnings for the full year, with capital expenditure intensity estimated at 10% of total revenue.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
