DiGi.Com Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
January 22, 2017
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DiGi.Com Berhad announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company announced revenue of MYR 1,669,720,000 compared to MYR 1,724,854,000 for the same period a year ago. Profit before tax was MYR 543,606,000 compared to MYR 519,356,000 for the same period a year ago. Profit for the year attributable to owners of the parent company was MYR 374,627,000 or 4.82 sen per basic share compared to MYR 382,360,000 or 4.92 sen per basic share for the same period a year ago. Operational cash flow for the quarter leveled to MYR 413 million.
For the full year, the company announced revenue of MYR 6,597,102,000 compared to MYR 6,913,984,000 for the same period a year ago. Profit before tax was MYR 2,238,184,000 compared to MYR 2,308,745,000 for the same period a year ago. Profit for the year attributable to owners of the parent company was MYR 1,632,658,000 or 21.00 sen per basic share compared to MYR 1,722,550,000 or 22.15 sen per basic share for the same period a year ago. Net cash generated from operating activities was MYR 2,001,841,000 compared to MYR 2,889,649,000 for the same period a year ago. Purchase of property, plant and equipment and intangible assets was MYR 775,684,000 compared to MYR 896,535,000 for the same period a year ago.
CelcomDigi Berhad is a Malaysia-based investment holding company. The Company is engaged in the provision of mobile communication services and its related products in Malaysia. It offers products and solutions across mobile, fixed, Internet of things (IoT), cloud, and cybersecurity. Its IoT solutions include Smart Agriculture, Smart Ambulance, Smart Building, Smart City, Smart Fleet Management, Smart Manufacturing, Smart Poultry, Smart Retail, Smart Surveillance and Smart Utility. The Company also offers e-commerce, and digital services and solutions; telecommunication infrastructure services; cybersecurity, networking, information, and communication solutions; and strategic and business development, management, and administrative support services. In addition, it provides network communications, capacity, and services, network and application services, and content solutions. Its subsidiaries include Celcom Berhad, Digi Telecommunications Sdn. Bhd., and InfraNation Sdn. Bhd.