KUALA LUMPUR: Digi.com Bhd
delivered a resilient third quarter ended Sept 30, 2021 with improved internet revenue at RM312.81mil on a quarter-on-quarter foundation.
The telco reported on Thursday, internet revenue improved 11.8% on-quarter from RM280mil within the second quarter.
Nevertheless, income was barely decrease by 2.1% at RM1.584bil in contrast with RM1.618bil in 2Q resulting from decrease system and different revenues.
Digi stated on a year-on-year foundation, 3Q internet revenue dipped 2.5% from RM320.76mil a yr in the past.
Income was barely increased at RM1.584bil in contrast with RM1.579bil. Earnings per share have been 4.02 sen in contrast with 4.13 sen.
“The corporate recorded RM1.34bil service income, sustained by improved momentum in postpaid and core pay as you go segments.
Digi stated its earnings earlier than curiosity, tax, depreciation and amortisation (Ebitda) was at RM788mil or a margin of 49.7%.
As for the dividend, Digi declared a 3rd interim tax exempt (single-tier) dividend of 4 sen per share for the monetary yr ending Dec 31,representing 100% dividend payout ratio. The ex-date is Nov 17.
Within the 9 months ended Sept 30, its internet revenue slipped to RM857.55mil from RM940.79mil within the earlier corresponding interval. Nevertheless, its income was increased at RM4.75bil in contrast with RM4.59bil.
In 3Q, Digi invested RM170mil capex in community capability enhancements and digitalisation of operations, as a part of the corporate’s precedence to ship high quality web expertise to its clients to satisfy rising knowledge consumption.
Month-to-month common knowledge utilization now stands at 22.4GB per consumer.
To additional strengthen its community, Digi delivered 100% of its targets for brand new 4G websites rollout and website upgrades beneath the Jalinan Digital Negara (JENDELA) plan within the quarter.
The method to regularly shut down 3G community is progressing properly with lower than 300,000 3G-only subscribers, towards a rising web subscribers base of 9 million.
Digi’s 4G LTE and LTE-A community protection now serves 92% and 75percentf the inhabitants nationwide respectively, alongside an in depth fibre community of greater than 10,000km.
Moreover, Digi’s community efficiency has been recognised by a number of respected unbiased international observers as one of the best in obtain pace for 5 consecutive quarters, cementing its place as Malaysia’s quickest and most constant community.
Digi registered postpaid income at RM633mil, whereas pay as you go income stood at RM645mil.
Digi’s Chief Govt Officer, Albern Murty stated, “We proceed to take a position and ship on our community expertise to higher serve our clients, whereas sustaining efforts to drive societal restoration.
“On this entrance, we’re happy to report that 100% of our retail frontliners at Digi Shops are totally vaccinated towards Covid-19, thus enabling us to serve clients safely whereas holding our staff protected,” he stated.
Highlights of Digi’s monetary efficiency in 3Q, 2021:
• Service income secure at 0.2% Q-Q on increased contribution from postpaid and pay as you go segments.
• Postpaid income grew to RM633mil, up 1.6% Q-Q, pushed by demand for system bundles and entry-level plans; subscriber base at 3.25 million.
• Pay as you go income sustained Q-Q efficiency of 0.3% to RM645 million, largely from knowledge income to offset weaker voice and non-internet usages; subscriber base at 7.12 million.
• Complete subscriber base of 10.37 million (up 148,000 Q-Q), of which 86.4% are web subscribers.
• B2B subscribers grew 1.6% Q-Q from digital bundles push and elevated adoption throughout the board.
• COGS decreased -15.3% Q-Q resulted from decrease system and digital gross sales.
• Working expenditure of RM386mil declined -3.5% Q-Q on account of financial savings in gross sales and advertising, offsetting the
enhance in workers and personnel, operations and upkeep prices in addition to increased license charges.
• Sequential Ebitda and revenue after tax enhance of 6.1% and 11.8% from service income restoration and decrease whole prices.
