KUALA LUMPUR (Aug 18): CelcomDigi Bhd (KL:CDB) said on Monday its net profit grew over 8% in the second quarter from a year earlier mainly due to lower accounting charges and operating expenses.

Net profit for the three months ended June 30, 2025 (2QFY2025) was RM438.94 million, Malaysia’s biggest mobile network operator by subscribers said in an exchange filing. Revenue for the quarter was 2.3% higher on a year-on-year basis at RM3.18 billion.

“CelcomDigi will continue to strengthen its market position by capitalising on growing momentum in postpaid and home-and-fibre segments, while driving digital value-added services across its subscriber base,” the company said. 

The company also kept its financial and operational targets for 2025 unchanged post-results. A second interim dividend of 3.8 sen per share was also declared.

CelcomDigi is targeting “low single-digit” growth in service revenue and earnings before interest and tax to grow “low-to-mid single-digit” for the full 2025. The guidance for capital expenditure, as a proportion of total revenue, also remains unchanged at between 14% and 16% this year, post-results.

Service revenue, which excludes sales of devices, dipped 0.7% to RM5.35 billion in the first six months of 2025, when compared to the same period last year. However, earnings before interest and tax surged 16.5% year-on-year to RM1.43 billion. Capital expenditure totalled RM499 million.

For its first half, net profit was up 5.1% to RM822.71 million when compared to the same six months in 2024, while total revenue was at RM6.39 billion, up 1.8% year-on-year.

The company plans to continue to invest in the second half to modernise its network that now has 20.3 million subscribers on board, CelcomDigi said. The company added more than 150,000 subscribers in the first half, though average revenue per user fell RM1 to RM40 from a year earlier.

With 84% of network sites consolidated and majority of store renovations completed, “benefits are beginning to reflect more meaningfully in both financial and service performance,” the company noted.