KUALA LUMPUR: After a strong quarterly result, Maxis Bhd is maintaining its full-year guidance for low single-digit growth in service revenue and earnings before interest, tax, depreciation and amortisation (Ebitda), with capex intensity between 10% and 12%.
"Across the remainder of the year, we remain focused on leveraging our integrated network to create value for consumers and power businesses, while delivering sustainable long-term growth for our shareholders," said CEO Goh Seow Eng on the company's outlook.
The telco is attributing the strong performance of its most recent quarter to its operating discipline, bolstered by deeper AI integration across its operations and network infrastructure.
In the consumer segment, Maxis continued to enhance its converged mobile and fibre offerings to meet evolving customer needs.
Meanwhile, Maxis’ Enterprise business expanded through integrated ICT solutions, reinforcing Maxis’ position as a trusted digital nfrastructure and connectivity partner for Malaysian businesses.
For the second quarter ended June 30, 2026, the telco reported a net profit of RM436mil, up from RM398mil in the year-ago quarter.
Quarterly revenue grew to RM2.66bil from RM2.56bil in the comparative quarter.
The group said service revenue rose 2.2% year-on-year (y-o-y) to RM2.25bil while Ebitda expanded 2.7% to RM1.12bil.
The group's operating free cash flow rose to RM991mil.
Maxis continued to invest strategically in its integrated network infrastructure, allocating RM171mil in capital expenditure to expand fibre coverage, upgrade network capacity, and enhance service reliability.
“Our second-quarter results reflect our approach to the business, combining steady top-line performance with operating discipline to accelerate profit growth.
"We continue to drive margin expansion through focused execution across the business," said Goh.
After six months of the year, Maxis registered a net profit of RM853mil, up from RM769mil in the 2025 period, while revenue rose to RM5.39bil from RM5.17bil in 1HFY25.
Maxis declared a second interim dividend of four sen per share, with entitlement date on Sept 9, 2026, and payable on Sept 23, 2026.