Telekom Malaysia Berhad (TM) Earnings Call Transcripts

Telekom Malaysia Berhad's Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal year 2026, Telekom Malaysia Berhad (TM) reported a revenue increase of 2.9% year-on-year to RM 2.9 billion, with underlying EBIT rising 6.3% to RM 593.3 million and PATAMI increasing 9.3% to RM 436.3 million. Management highlighted strong growth across all customer segments, particularly in B2C and B2B, while also noting a one-off write-down related to their 5G access agreement. The company declared a first interim dividend of RM 0.065 per share, reflecting confidence in cash generation and a commitment to shareholder returns.

Reported metrics

Guidance from management

Management maintained guidance for revenue, EBIT, and CapEx for the fiscal year 2026, indicating confidence in business trajectory despite external challenges.

What analysts pressed on

Analysts expressed concerns regarding competitive intensity and geopolitical developments impacting future performance. There was also inquiry into the potential long-term effects of the one-off write-down on profitability.

Main topics on the call

• Revenue Growth Across Segments — TM's revenue grew across all three clusters: B2C, B2B, and C2C, with B2C revenue increasing 5.1% year-on-year to RM 1.6 billion. Management stated, "the strategies we set out at the start of the year are gaining traction...
• Profitability Impact from One-off Costs — The reported profitability was impacted by a one-off transition cost related to the 5G access agreement. Excluding this, underlying EBIT and PATAMI showed growth, with EBIT up 6.3% year-on-year. Management emphasized the...
• Strong Cash Flow Generation — Operating cash flow improved by RM 216 million year-on-year, indicating healthy underlying cash generation. Management noted, "the underlying cash generation of the business remains healthy," which supports growth invest...
• CapEx Discipline Maintained — CapEx was reported at RM 212 million, or 7.2% of revenue, consistent with financial year guidance. Management reiterated their focus on allocating CapEx to growth initiatives, stating, "more than 80% of our CapEx is allo...

Read the full Telekom Malaysia Berhad transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 17 Telekom Malaysia Berhad earnings call transcripts on record, spanning May 20, 2020 to May 21, 2026. Based on this history, Telekom Malaysia Berhad reports semi-annually. The most recent call on file is dated May 21, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TM

Exchange

KLSE

Country

MY

Sector

Communication Services

Industry

Diversified Telecommunication Services

Calls on record

17

First call

May 20, 2020

Most recent

May 21, 2026

Reporting cadence

semi-annually