TIME dotCom posts Q3 pre-tax loss

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TIME dotCom posts Q3 pre-tax loss

Post by hlk on Fri 25 Nov 2011, 19:25

TIME dotCom Bhd's pre-tax profit for the third quarter ended Sept 30, 2011 rose to RM41.94 million from RM20.95 million
in the same quarter of 2010. Revenue, however, fell to RM76.98 million from RM87.35 million previously, it said in a filing to Bursa Malaysia today.

For the nine months ended Sept 30, 2011, its pre-tax profit rose to RM93.42 million from RM62.70 million in the same period last year. Revenue, however, fell to RM230.69 million from RM235.56 million previously.

TIME said it would continue to focus on expanding coverage in key market segments, strengthen and simplify its network, offer more complete end-to-end communication solutions and manage its cost to improve operating margins. -- Bernama






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