KUALA LUMPUR: Maxis Bhd posted its financial results for the third quarter ended Sept 30, 2026, delivering solid financial growth driven by disciplined operational execution and strong momentum across its core business segments.
The company recorded an 8.5% year-on-year (YoY) increase in profit after tax (PAT) to RM447 million. Service revenue rose 1.1% YoY to RM2.27 billion, while earnings before interest, taxes, depreciation, and amortisation (ebitda) expanded by 3.6% YoY to RM1.14 billion.
Maxis maintained a robust cash position, generating operating free cash flow of RM884 million. Disciplined working capital management effectively balanced the impact of higher regulatory payments during the period. Capital expenditure (capex) stood at RM235 million, reflecting ongoing strategic investments in fibre expansion, network modernisation, and capacity upgrades across its integrated network.
In light of its steady performance and strong cash generation, the board of directors declared an interim dividend of 4.5 sen per share.
Among some of the highlights are service revenue grew 1.4% YoY to RM1.59 billion, supported by gains in postpaid revenue; service revenue rose 0.8% YoY to RM257 million, alongside margin expansion driven by Maxis’ own-built fibre footprint and service revenue reached RM419 million, up 0.2% YoY.
Maxis CEO Goh Seow Eng (pix) said: “Our third-quarter performance reflects the strength of our operating model and converged strategy.
Disciplined execution continues to drive healthy cash generation, enabling the board to declare an interim dividend of 4.5 sen per share. With this steady momentum, our full-year guidance remains firmly on track.”
During the quarter, Maxis advanced several strategic initiatives to strengthen Malaysia’s digital ecosystem. These included being appointed by Melaka ICT Holdings as its strategic infrastructure partner to upgrade state-owned telecommunication towers with high-capacity optical fibre connectivity, and partnering with Tanah Makmur Bhd to support KotaSAS’s development into a future-ready smart township.
Maxis also deployed Nokia’s optical transport technology to enhance nationwide and cross-border connectivity, meeting growing enterprise demand for AI and high-speed data services. In addition, Maxis collaborated with the Ministry of Entrepreneur and Cooperatives Development to launch Perkasa Halal, featuring Maxis eKelas Usahawan digital modules to help upskill micro, small and medium enterprises (MSMEs).
