Time Reports Solid Q3 Performance with Revenue Up 5.4%

  • Revenue growth of 5.4% for year-to-date September (9M) 2025
  • Profit after tax stands at RM322.6 million
  • Growth supported by higher data revenues from the Retail and Enterprise segments

Shah Alam, 26 November 2025 – TIME dotCom Berhad (Time or the Group) reported a steady performance for the nine months ended 30 September 2025, reflecting resilience in a competitive and evolving market. Consolidated Group revenue stood at RM1,328.0 million, up 5.4% compared to the same period last year, while profit after tax increased to RM322.6 million from RM271.3 million when compared to the same period of the preceding year.


The continued growth in profit after tax was mainly driven by a higher overall revenue in 9M 2025, sustained operating margins and lower net foreign exchange loss.


“We saw a bump in profitability this period thanks to some prudent cost management initiatives. Whilst it’s good news, we are cognisant that this lift isn’t permanent with the operating landscape continuing to remain competitive and dynamic. We will continue to focus on strengthening our core connectivity business and maintaining operational discipline. Our priority is to deliver reliable services and create value for customers and stakeholders,” said Loh Jenkim, Time’s newly appointed Group Chief Executive Officer.


Credit Rating Upgrade

The long-term credit rating of Time’s RM1 billion Islamic Medium-Term Notes programme was upgraded to AA1 from AA2 by RAM Ratings, with the outlook revised from Positive to Stable. This reflects the Group’s strong financial profile and robust risk controls, while signalling confidence in its ability to sustain performance over the medium term. The AA1 rating positions Time amongst the highest-rated corporate issuers in Malaysia, enhancing investor confidence and supporting access to competitive funding.


“Our improved RAM rating is a testament to the Group’s disciplined financial management and strong fundamentals. It validates our financial resilience,” said Karen Ding, Time’s Group Chief Financial Officer.


Dividend

The Group declared a special interim tax exempt (single tier) dividend of 21.64 sen per ordinary share for the financial year ending 31 December 2025. The dividend, amounting to a total of RM400.1 million, will be paid on 22 December 2025.


Outlook

The Group remains focused on driving long-term growth through network expansion, customer-centric solutions and sustainability initiatives. To sustain growth and enhance resilience, the Group will maintain its emphasis on operational excellence, disciplined cost management and strategic opportunities across domestic and regional markets.


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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 a telecommunications provider that delivers domestic and global connectivity, data centre, cloud computing and managed services to customers across ASEAN. 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 Shah Alam. Visit http://www.time.com.my for more information.


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

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