Axiata Group Bhd.
Company Background
Mobile telecommunications operator Axiata calls itself an Asiacentric multinational. Its rationale: It has controlling interests in cellular companies in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia as well as strategic stakes in India and Singapore. With a subscriber base exceeding 240 million -- a number that has grown sixfold since 2007 -- the group is one of Asia's biggest mobile operators.
Axiata was one of the earliest to roll out 4G services in Malaysia and Sri Lanka. The group is also one of the region's biggest telecommunications tower players, owning more than 13,000 towers in four countries via Edotco Group, a subsidiary Axiata plans to list in the near future.
Axiata was incorporated in 1992 as an international business division of Telekom Malaysia, the state telecommunications company. It was separated from Telekom and subsequently listed in 2008. Khazanah Nasional and other state funds combined hold more than 60% of Axiata's shares. The group is led by its President and CEO Jamaludin Ibrahim, a former IBM engineer who joined Axiata in 2008 after nine years as CEO of Maxis Communications, a leading Malaysian mobile operator.
Business Summary
Financial Highlights
Dec 2022 | MYR | USD |
Revenue | 21,700.15M | 4,930.36M |
Gross Profit | 5,705.00M | 1,296.19M |
Operating income | 2,480.72M | 563.63M |
Income before tax | -4,162.86M | -945.82M |
Net income | -5,132.16M | -1,166.04M |
EBITDA | 9,454.74M | 2,148.15M |
Diluted EPS | -0.41 | -0.09 |
Dividends Per Share | 0.10 | 0.02 |
Total Assets | 82,028.88M | 18,621.76M |
Total liabilities | 51,348.53M | 11,656.87M |
Total equity | 23,935.05M | 5,433.61M |
Operating cash flow | 9,179.92M | 2,085.71M |
Currency in MYR | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 23,885.78M | 24,583.31M | 24,203.17M | 19,994.36M | 21,700.15M |
Gross Profit | 6,956.59M | 7,475.03M | 6,255.20M | 5,364.61M | 5,705.00M |
Operating income | 1,212.08M | 3,554.09M | 2,346.71M | 2,495.64M | 2,480.72M |
Income before tax | -4,048.45M | 2,783.20M | 1,152.39M | 960.59M | -4,162.86M |
Net income | -4,762.02M | 1,457.55M | 365.15M | -136.91M | -5,132.16M |
EBITDA | 8,465.49M | 10,617.68M | 10,596.59M | 8,784.05M | 9,454.74M |
Diluted EPS | -0.52 | 0.15 | 0.03 | 0.08 | -0.41 |
Dividends Per Share | 0.09 | 0.09 | 0.07 | 0.09 | 0.10 |
Total Assets | 63,855.02M | 67,471.32M | 68,756.69M | 73,193.19M | 82,028.88M |
Total liabilities | 40,640.32M | 45,251.29M | 44,877.26M | 48,127.36M | 51,348.53M |
Total equity | 17,476.79M | 16,180.79M | 17,641.14M | 18,005.32M | 23,935.05M |
Operating cash flow | 6,283.99M | 8,768.84M | 7,333.68M | 8,992.09M | 9,179.92M |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 5,919.09M | 5,933.72M | 5,759.62M | 4,823.44M | 4,930.36M |
Gross Profit | 1,723.90M | 1,804.26M | 1,488.55M | 1,294.16M | 1,296.19M |
Operating income | 300.36M | 857.85M | 558.44M | 602.05M | 563.63M |
Income before tax | -1,003.24M | 671.78M | 274.23M | 231.73M | -945.82M |
Net income | -1,180.06M | 351.81M | 86.89M | -33.02M | -1,166.04M |
EBITDA | 2,097.82M | 2,562.81M | 2,521.67M | 2,119.06M | 2,148.15M |
Diluted EPS | -0.13 | 0.03 | 0.00 | 0.02 | -0.09 |
Dividends Per Share | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
Total Assets | 15,451.91M | 16,494.63M | 17,093.02M | 17,569.17M | 18,621.76M |
Total liabilities | 9,834.31M | 11,062.53M | 11,156.56M | 11,552.41M | 11,656.87M |
Total equity | 4,229.11M | 3,955.70M | 4,385.61M | 4,321.96M | 5,433.61M |
Operating cash flow | 1,557.22M | 2,116.55M | 1,745.19M | 2,169.25M | 2,085.71M |
Valuation Measures
Dec 2022 | |
PER | -- |
ROA | -6.61% |
ROE | -24.47% |
Operating margin | 11.43% |
Profit margin | -23.65% |
Key executives
- Group Chief Executive Officer, Director & MD: Vivek Sood
- Group Chief Financial Officer: Lila Azmin Abdullah
- Group Chief Information Officer: Nirmal Anthony Rodrigo
- Group Chief Strategy & Technology Officer: Thomas Hundt
- Group Chief Risk & Compliance Officer: Abid Abdul Adam
Shareholders
- Khazanah Nasional Bhd. (Investment Company) (36.7%)
- Employees Provident Fund (16.7%)
- Permodalan Nasional Bhd. (16.6%)
- Kumpulan Wang Persaraan (3.0%)
- Public Mutual Bhd. (2.1%)
- Bumiputra Investment Foundation (1.5%)
- The Vanguard Group, Inc. (1.5%)
- AIA Bhd. (1.4%)
- Lembaga Tabung Haji (0.9%)
- Eastspring Investments (Singapore) Ltd. (0.8%)
Contact Details
- Website:http://www.axiata.com
- Address: Axiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur, 50470, Malaysia
- Phone: +60.3.2263.8888
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Competitors
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