DiGiCom Bhd ( (DIGBF) ) has released its Q4 earnings. Here is a breakdown of the information DiGiCom Bhd presented to its investors.
CelcomDigi Berhad is a Malaysian telecommunications company primarily engaged in providing mobile communication services and related products. The company operates in the telecommunication sector and is known for its extensive network coverage and innovative service offerings.
In its latest earnings report for the year ending December 31, 2024, CelcomDigi Berhad reported stable revenue figures, maintaining a total revenue of RM12.7 billion, which is consistent with the previous year. The company highlighted growth in its Postpaid and Home & Fibre segments, though it faced challenges in its Prepaid segment.
Key financial metrics showed a decrease in profit before tax and profit after tax by 20.4% and 11.4% respectively, compared to the previous year. This decline was attributed to impairment charges and increased operational costs. Despite these challenges, the company maintained a strong EBITDA margin and continued to invest in network integration and modernization.
Looking ahead, CelcomDigi Berhad remains focused on completing its network integration and modernization efforts, with a positive outlook for 2025. The company aims to enhance customer experience and drive sustainable growth through digital value-added services and operational excellence.