Time Maintains Steady Trajectory for 1H 2025

  • Consolidated Group revenue increased by 4.5% to RM874.3 million.
  • Profit after tax rose to RM216.8 million.
  • Demand remained resilient for the Group’s data offerings with Retail and Enterprise customers driving growth.

Shah Alam, 27 August 2025 – TIME dotCom (Time or the Group) announced steady financial results for the six months ended 30 June 2025. Consolidated Group revenue rose to RM874.3 million, a 4.5% increase compared to the same period last year. Growth was driven by sustained demand for the Group’s data and connectivity services, with the Retail and Enterprise customer segments continuing to anchor performance.


Profit after tax increased to RM216.8 million, supported by revenue growth and disciplined cost management. The increase can be attributed to higher topline growth, partially offset by higher net foreign exchange loss, lower interest income and share of results from investments.


“Our performance in the first half of the year reflects the resilience of our core business and the continued relevance of our offerings,” said Afzal Abdul Rahim, Time’s outgoing Commander-in-Chief. “We maintain a positive yet measured outlook as we sharpen our execution and prepare for the opportunities and challenges ahead.”


“Time’s growth has been driven by our coverage footprint, and this will remain the core engine for delivering future success. We will continue investing in our network to unlock new opportunities,” said Loh Jenkim, Time’s incoming Group CEO.


Alongside its core business, the Group is scaling up its efforts in renewable energy and the integration of sustainability principles into its operations and decision-making processes.


Looking ahead, the Group will maintain a prudent stance amid a shifting economic and industry landscape, with a focus on operational efficiency, agility and risk management to drive future resilience and growth.

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Forward-Looking Statements

This press release contains forward-looking statements that reflect the current views of TIME dotCom Berhad (Time) management with respect to future events. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “may”, “plan”, “project”, “should” and similar expressions including all statements that are not historical facts are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Time’s control, including, without limitation, general industry and economic conditions, competition from other companies and avenues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, governmental policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Forward-looking statements are based on current plans, estimates and projections, and therefore too much reliance should not be placed on them. Time does not intend or assume any obligation to update these forward-looking statements.


About TIME dotCom Berhad

Time is an infrastructure investment holding company with interests in the connectivity, cloud, colocation and renewable energy space, serving customers across ASEAN and beyond. Powering Time’s businesses are its fibre optic network assets that span Malaysia, Singapore, Thailand, Vietnam and Cambodia – countries in which it has an established operational presence. Time’s network extends beyond the region to deliver international connectivity via its stakes in numerous submarine cable systems across the globe. Time is headquartered in Malaysia. Visit http://www.time.com.my for more information.


Media Contact
Loo See Mun
seemun.loo@time.com.my

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