Telekom Malaysia's Q1 profit shrinks to RM152.5m

Telekom Malaysia Bhd’s (TM) net profit shrank by half to RM152.52 million in the first quarter (Q1) ended March 31, 2020, compared to RM308.28 million in the same period last year.

This came on the back of an eight percent fall in revenue to RM2.56 billion, as all lines of products posted lower contributions, the company said.