Telekom Malaysia's half-yearly profit jump 30pc
Afp, Kuala Lumpur
Telekom Malaysia on Thursday announced a 29.8 percent jump in half-year net profit on improvements in its domestic operations and boosted by a one-off gain. Malaysia's largest telecommunications provider announced profits of 1.296 billion ringgit (376.7 million dollars) for the six months to June. It made a 194.2 million ringgit gain from selling some of its shares in its unit, Dialog Telekom -- Sri Lanka's biggest cellular phone operator. Total sales for the period rose 9.8 percent to 8.5 billion ringgit, driven primarily by cellular, data, Internet and multimedia services, it said in a statement. Telekom has two domestic mobile operators, Celcom and Dialog, and other foreign units include PT Excelcomindo Pratama in Indonesia, TM International in Bangladesh and Spice Communications in India. The company said the strengthening of the ringgit against the Indonesian, Sri Lankan and Bangladeshi currencies had resulted in lower revenue from its overseas operations.
| 
