This presentation and the discussion following may contain forward looking statements by TIME dotCom Berhad ("Time") related to financial, market or industry trends for a future period.
These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual performance, results and outcomes to be different than that expressed in this presentation.
The statements are made based on facts and information available to Time at the date of the presentation and merely represent an expression of Time management's views, targets and occurrences of future events. They do not in anyway represent a forecast, projection, estimate or guarantee of Time's future performance and neither have they been independently verified.
Accordingly, no representation or warranty, express or implied is made to, and no reliance should be placed on the fairness, accuracy and completeness of such information. Time and its subsidiaries, representatives and officers shall have no liability whatsoever for any loss, damage, costs and expenses arising out of or in connection with this presentation.
Q2 2023: At a Glance
Q2 2023 Performance Guide
Solid revenue growth and profitability in Time's core business
Sustained Growth
Strong Fundamentals
Solid revenue growth across all segments, led by Retail
Continued strong momentum in Data revenue, with Cloud tracking positively
Significant one-offs in Q2 2023, but strong profitability maintained after adjusting for one-offs and gain from divestment of stake in
AIMS
Strong balance sheet
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Special Dividend
Q2 2023 Performance Guide
Special Interim Dividend of 16.25 sen per ordinary share or total
payout of RM300.1 million
In light of the Group's strong profitability, healthy cash balance, and in line with our balance sheet optimisation programme, the Board is pleased to declare a Special Interim Dividend of 16.25 sen per ordinary share
Announcement Date:
Entitlement Date:
Payment Date:
18 August 2023
5 September 2023
15 September 2023
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The Format of Time's Quarterly Report and the Contents of This Performance Guide
Q2 2023 Performance Guide
Something to note:
Pursuant to the completion of divestment of stakes in AIMS Data Centre Holdings Sdn Bhd and AIMS Thailand ("AIMS Group"), the Group reports the financial results of AIMS up to 20 April 2023 as Discontinued Operations and thereafter as a Share of profits in a joint venture
For purposes of comparability, the financial performance of TIME Group is presented on a non- consolidated basis for the results of the AIMS Group, which are presented under "Profits from Discontinued Operations" up to 20 April 2023 and subsequently as Share of Profit from Associates and Joint Ventures based on Time's remaining 30% economic interests in AIMS Group
Our basis of presentation therefore differs from the prior period where the financial performance of the AIMS Group was presented on a consolidated basis pending the completion of the divestment of stakes in the AIMS Group
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TIME dotCom Bhd published this content on 18 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2023 10:51:00 UTC.
TIME dotCom Berhad is a Malaysia-based company. The Company is a telecommunications provider specializing in domestic and international connectivity, data center, cloud, and managed services solutions catered to the retail, enterprise, and wholesale markets. Its focus area and telecommunication solutions include telecom segment, network/asset, customer segment, and services. It offers a diverse range of telecommunications, data centers, and cloud computing solutions. The Company is engaged in provision of voice, data, video and image communication services through its domestic and international network; investment holding; the business of telecommunication services and trading bandwidth capacity; provision of management services; wholesale of telecommunication equipment and related services; provision of telecommunication services, co-location and other related services, and provision of communications, telecommunications and data center related services.
TIME DOTCOM 
