Indonesia drags on Axiata's Q2 net profit
KUALA LUMPUR Aug 30 (Reuters) - Axiata Group Bhd, Malaysia's biggest mobile phone operator by market value, posted a 3.28 percent drop in second quarter profit, as weaker contributions from its Indonesia operations offset gains made by the firm's subsidiaries in Cambodia and Bangladesh.
Axiata earned 644.78 million ringgit ($194.53 million) in the three months ended June, compared with the previous net profit of 666.64 million ringgit a year earlier.
Indonesia accounts for roughly 40 percent of Axiata's revenue.
For the company's press statement, see: link.reuters.com/jug72v
($1 = 3.3145 Malaysian ringgit) (Reporting By Yantoultra Ngui; Editing by Niluksi Koswanage)
- WTO overcomes last minute hitch to reach its first global trade deal
- Colorado baker discriminated by denying gay couple wedding cake: judge
- Flights delayed as air pollution hits record in Shanghai
- U.S. freeze shows no sign of weekend melt after deadly storm
- Australia foreign minister downplays China air defense zone tension in visit