♦ Beat expectations. 1HFY10 core net profit of RM1,301.3m (+159.2% yoy) beat expectations, accounting for 58.3% of our and 57.1% of the concensus full-year estimates. Key variance was lower-than-expected effective tax rate.
Axiata Group Berhad : 1HFY10 Net Profit More Than Doubles - 26/08/2010
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