ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Communications

Maxis Bhd.

Company Background

Established in 1995, Maxis was one of the first mobile communications providers in Malaysia.

The company is constantly revamping its business model and was one of the first operators to introduce 4G services in 2013. Its 4G service reaches 15% of the Malaysian population, making Maxis a market leader in this area.

Maxis also offers cloud computing to small and medium businesses. The company's 2G and 3G networks cover 95% and 83% of the Malaysian population respectively.

Maxis' CEO is Norwegian Morten Lundal, former CEO of DiGi.Com, another Malaysian telecommunications company. He was also a top executive at Vodafone, the U.K.'s leading mobile phone company.

Maxis is more than 60% controlled by Usaha Tegas, a private investment arm of Malaysian billionaire Ananda Krishnan.

Business Summary

Maxis Bhd. is an investment holding company, which engages in the provision integrated telecommunication services. It operates through Malaysia, and Other Countries geographical segments. It offers postpaid, prepaid, phones, and broadband. The company was founded on August 7, 2009 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Dec 2020 MYRUSD
Revenue8,966M2,133.63M
Gross Profit2,478M589.68M
Operating income2,008M477.84M
Income before tax1,852M440.72M
Net income1,382M328.87M
EBITDA3,640M866.21M
Diluted EPS0.170.04
Dividends Per Share0.160.03
Total Assets21,932M5,452.33M
Total liabilities14,882M3,699.68M
Total equity7,050M1,752.64M
Operating cash flow3,149M749.36M
Currency in MYRCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 8,611.79M 9,419.29M 9,192.43M 9,313M 8,966M
Gross Profit 5,532.45M 3,350.60M 2,896.33M 2,664M 2,478M
Operating income 2,982.38M 2,947.22M 2,506.47M 2,308M 2,008M
Income before tax 2,736.83M 2,878.42M 2,368.72M 2,027M 1,852M
Net income 2,013.16M 2,180.04M 1,779.71M 1,512M 1,382M
EBITDA 4,430.29M 3,996.56M 3,586.95M 3,810M 3,640M
Diluted EPS 0.26 0.28 0.22 0.19 0.17
Dividends Per Share 0.20 0.20 0.20 0.20 0.16
Total Assets 20,005.16M 19,514.01M 20,287.58M 22,323M 21,932M
Total liabilities 15,284.26M 12,567.99M 13,137.85M 15,322M 14,882M
Total equity 4,720.89M 6,946.01M 7,149.73M 7,001M 7,050M
Operating cash flow 2,614.72M 2,964.19M 2,943.79M 2,989M 3,149M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 2,078.78M 2,190.77M 2,277.96M 2,247.89M 2,133.63M
Gross Profit 1,335.46M 779.29M 717.73M 643.01M 589.68M
Operating income 719.91M 685.47M 621.12M 557.08M 477.84M
Income before tax 660.63M 669.47M 586.98M 489.26M 440.72M
Net income 485.95M 507.04M 441.02M 364.95M 328.87M
EBITDA 1,069.41M 929.53M 888.87M 919.62M 866.21M
Diluted EPS 0.06 0.06 0.05 0.04 0.04
Dividends Per Share 0.04 0.04 0.04 0.04 0.03
Total Assets 4,459.46M 4,821.84M 4,909.27M 5,457.27M 5,452.33M
Total liabilities 3,407.10M 3,105.50M 3,179.15M 3,745.75M 3,699.68M
Total equity 1,052.36M 1,716.33M 1,730.12M 1,711.52M 1,752.64M
Operating cash flow 631.16M 689.42M 729.49M 721.46M 749.36M

Valuation Measures

Dec 2020
PER28.57
ROA6.24%
ROE19.67%
Operating margin22.39%
Profit margin15.41%

Key executives

  • Chief Executive & Marketing Officer: Gokhan Ogut
  • Chief Financial & Strategy Officer: Norman Wayne Treeby
  • Chief Information Officer: May Ching Ng
  • Chief Corporate Affairs Officer: Mariam Bevi binti Batcha
  • Head-Consumer Business: Dushyanthan Vaithiyanathan

Shareholders

  • Binariang GSM Sdn. Bhd. (62.3%)
  • Employees Provident Fund (11.9%)
  • Permodalan Nasional Bhd. (10.3%)
  • Kumpulan Wang Persaraan (1.4%)
  • Urusharta Jamaah Sdn. Bhd. (1.2%)
  • The Vanguard Group, Inc. (1.0%)
  • Public Mutual Bhd. (1.0%)
  • BlackRock Fund Advisors (0.8%)
  • Great Eastern Life Assurance Co. Ltd. (0.5%)
  • Eastspring Investments (Singapore) Ltd. (0.4%)

Contact Details

  • Website:http://www.maxis.com.my
  • Address: Level 5-9, 11, 14-25 & 29-30, Menara Maxis, Kuala Lumpur, 50088, Malaysia
  • Phone: +60 3 2330 7000

Related Companies

  • AudeoNet Sdn. Bhd.
  • Infrastructure Consulting & Managed Services Sdn Bhd
  • Malaysian Landed Property Sdn. Bhd.
  • Maxis Collections Sdn. Bhd.
  • All Asia Digital Networks Pte Ltd.
  • PT Maxis Communications
  • Maxis Mobile Sdn. Bhd.
  • Maxis International Sdn. Bhd.
  • Advanced Wireless Technologies Sdn. Bhd.
  • Maxis Mobile Services Sdn. Bhd.
  • Maxis Broadband Sdn. Bhd.

Competitors

    Last Updated on 12 Apr, 2021

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Try 1 month for $0.99

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends January 31st

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to Nikkei Asia has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more