Financial Year Ended 31 December 2025 2024 2023 2022 2021
  12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
FINANCIAL RESULTS
Financial Indicators
Revenue (RM mil) 10,635 10,536 10,180 9,789 9,241
Service revenue(1) RM mil 8,912 8,868 8,572 8,336 8,018
EBITDA(2) RM mil 4,329 4,122 3,960 3,929 3,886
Profit Before Tax (PBT) RM mil 2,067 1,877 1,444 1,802 1,772
Profit After Tax (PAT) RM mil 1,561 1,396 992 1,151 1,339
Profit attributable to equity holders of the Company RM mil 1,561 1,396 993 1,152 1,339
 
Financial Ratios
EBITDA margin % 40.7 39.1 38.9 40.1 42.1
EBITDA margin on service revenue % 48.6 46.5 46.2 47.1 48.5
PBT margin % 19.4 17.8 14.2 18.4 19.2
PAT margin % 14.7 13.2 9.7 11.8 14.5
PAT margin on service revenue % 17.5 15.7 11.6 13.8 16.7
Interest cover ratio (times) 5.3 4.8 4.0 5.1 4.7
Earnings per share
- basic sen 19.9 17.8 12.7 14.7 17.1
- fully diluted sen 19.9 17.8 12.7 14.7 17.1
Dividends per share(3) sen 17.5 17.0 16.0 20.0 17.0
 
FINANCIAL POSITIONS
Financial Indicators
Equity attributable to equity holders of the Company RM mil 6,147 5,905 5,743 6,089 6,475
Total assets RM mil 22,522 22,323 22,781 23,045 22,443
Total borrowings(4) RM mil 8,980 9,289 9,772 9,865 10,098
 
Financial Ratios
Return on invested capital % 12.9 11.7 8.8 9.5 10.9
Return on average equity % 25.9 24.0 16.8 18.3 20.7
Return on average assets % 8.6 7.8 5.9 6.5 7.7
Gearing ratio times 1.39 1.49 1.60 1.52 1.38
Net assets per share attributable to equity holders of the Company RM 0.78 0.75 0.73 0.78 0.83

Notes:

(1) Service revenue is defined as Group revenue, excluding sale of devices.
(2) EBITDA is defined as profit before finance income, finance costs, tax, depreciation, amortisation and write down of identified assets.
(3) Dividends per share consist of interim dividends declared and proposed in respect of the designated financial years.
(4) Total borrowings includes derivative financial instruments designated for hedging relationship on borrowings.