Indonesia drags on Axiata's Q2 net profit

KUALA LUMPUR Fri Aug 30, 2013 12:55am EDT

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:

($1 = 3.3145 Malaysian ringgit) (Reporting By Yantoultra Ngui; Editing by Niluksi Koswanage)