Thursday, August 26, 2010

Axiata active, up in early trade

KUALA LUMPUR: Axiata Group Bhd was among the most actively traded stocks in early trade on Thursday, Aug 26 after its net profit for the second quarter ended June 30, 2010 (2QFY10) rose 9.5% to RM576.81 million from RM526.83 million a year earlier driven by higher profit contribution from Celcom Axiata Bhd in Malaysia and Dialog Axiata PLC in Sri Lanka as well as a one-off gain on disposal of shares in PT XL Axiata Tbk in Indonesia.

At 9.30am, Axiata was up five sen to RM4.47 with 4.12 million shares traded.

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