Dialog logs 23% first-half sales hike

7 Aug 2012

Bangladesh’s largest cellco by subscribers, Dialog Axiata, has reported its consolidated results for the second quarter and first half of 2012, including its fixed line/broadband and pay-TV subsidiaries Dialog Broadband Networks and Dialog Television (DTV). The group, a unit of Malaysia’s Axiata, achieved Q2 and H1 revenues of LKR14.1 billion (USD107 million) and LKR27.0 billion, representing quarter-on-quarter and year-on-year growth rates of 10% and 23% respectively. Group EBITDA for Q2 2012 was recorded at LKR4.7 billion, up 4% q-o-q, while EBITDA for January-June 2012 reached LKR9.2 billion, an increase of 25% compared to the corresponding six-month period in 2011. EBITDA margin for the six months ended 30 June 2012 remained stable on a y-o-y basis at 34%. CAPEX during H1 2012 amounted to LKR5.0 billion and was directed in the main towards strategic investments in high speed mobile broadband and optical fibre network expansion projects.

Sri Lanka, Dialog Axiata