Last updated on December 25, 2025
KUALA LUMPUR: Telekom Malaysia Berhad (“TM”) reported a modest profit increase in the second quarter ended 30 June 2025, underscoring resilience in a competitive market while reaffirming its long-term digital growth ambitions.
The Group’s profit after tax and minority interests (PATAMI) rose 1.7% year-on-year to RM403.0 million, while earnings before interest and tax (EBIT) grew 4.5% to RM640.0 million.
For the first half of 2025, revenue stood at RM5.62 billion versus RM5.74 billion a year earlier, reflecting continued market pressure. EBIT came in at RM1.19 billion, down 5.8% from last year due to foreign exchange losses. Adjusted for these, underlying EBIT still showed growth, highlighting TM’s strong fundamentals and disciplined cost management.
TM’s Return on Invested Capital (ROIC) improved to 12.81% from 12.34% a year ago.
The Board declared an interim dividend of 12.5 sen per share, amounting to RM479.7 million, demonstrating its commitment to shareholder returns.
Segment Highlights (1H 2025)
- B2C (Unifi): Growth in fixed broadband subscribers through Unifi UniVerse offerings, bolstered by content, mobile take-up, and bundled devices. Unifi Business continued to support over 400,000 MSMEs with tailored digital solutions.
- B2B (TM One): Revenue softened as major projects and large deals are scheduled for completion in the second half. Cloud and ICT services, however, delivered steady growth.
- C2C (TM Global): Strong pipeline of cross-border bandwidth requirements due for delivery by year-end. Domestically, TM Global is on track with data centre expansion and rollout of 5G mobile backhaul.
Strategic Investments
TM continues to channel resources into digital infrastructure, AI applications, fibre, edge facilities, submarine cables, and sovereign cloud initiatives.
“Digital infrastructure and AI are no longer just a vision for TM. It’s becoming a reality, from the establishment of data centres, sovereign cloud and GPU-as-a-Service to various enterprise applications that continuously help businesses unlock digital capabilities and growth,”
said Amar Huzaimi Md Deris, Group Chief Executive Officer of TM.
Amar also highlighted initiatives for digital inclusivity, including the Jangkau Digital programme, which is transforming Kampung Mukut, Pulau Tioman, into Malaysia’s first Smart Eco-Village, and the launch of Malaysia’s first Faculty of Artificial Intelligence and Engineering at Multimedia University.
Outlook
TM expects the challenging environment to persist but remains confident in meeting its 2025 guidance.
“While the market environment remains challenging, our results demonstrated resilience and ability to execute our strategic priorities. With stronger convergence growth, improved cost structures, and disciplined capital management, we are advancing towards our aspiration to become a Digital Powerhouse by 2030,”
Amar added.
