Government-linked company Telekom Malaysia recorded impressive pre-tax profit of RRM519.5 million in the first quarter of 2010.

Telekom Malaysia Bhd (TM) posted a pre-tax profit of RM519.5 million for the first six months ended June 30, 2010, an increase of 15.4 per cent from RM450.2 million previously.

Its revenue also increased to RM4.28 billion from RM4.23 billion previously, driven by increasing demand from internet and data services.

For the second quarter ended June 30, the group recorded a pre-tax profit of RM166.9 million, a drop of 53.5 per cent from RM358.9 million in the same quarter of last year.

However, its revenue increased one per cent to RM2.15 billion from RM2.13 billion previously.

Speaking at a press conference here today, TM Group Chief Executive Officer Datuk Seri Zamzamzairani Mohd Isa said, the half year performance was boosted by growth in data revenue by 11.5 per cent to RM822.6 million compared with RM738.0 million in the same period last year, arising from demand for higher bandwidth services.

He said internet revenue increased by 8.6 per cent to RM854.2 million for the first half of this year from RM786.7 million previously.

“This is mainly the result of year-on-year growth of 12.5 per cent in broadband customers to 1.541 million in the current first half of the year from 1.37 million in the same period last year,” he explained.

TM also announced that its Board of Directors have approved an interim gross dividend payout of 13 sen per share less 25 per cent tax or approximately RM348.8 million to be paid to shareholders by the end of September this year.

On the take-up rate for its High Speed Broadband (HSBB) service, Unifi, Zamzamzairani said, it had been very encouraging with more than 4,800 customers on board as at June 30, with total orders having exceeded 12,000 as of last week.

“We hope to achieve between 40,000 to 50,000 Unifi customers by year-end,” he added.

Since July, TM has expanded its Unifi coverage to 18 more areas, including five areas outside the Klang Valley.

The group is on track to increase its Unifi service to a total of 48 exchange areas by year end.