Earnings Alerts

Steep Drop in Axiata Group (AXIATA) Earnings: 1Q Net Income Plummets by 68% YoY

  1. Dialog Axiata’s net income for the first quarter was 2.77 billion rupees.
  2. This shows a significant drop of -68% year-on-year from 8.69 billion rupees.
  3. The revenue is also down by -14% from the previous year, standing at 43.2 billion rupees.
  4. The operating profit remains stagnant at 2.72 billion rupees compared to the same period last year.
  5. For the analyst ratings, Axiata has achieved 1 buy, 0 holds, and no sell ratings.
  6. These comparison to past results are based on values reported by the company from its original disclosures.

A look at Axiata Group Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts are upbeat about Axiata Group‘s long-term prospects, with the company receiving favorable ratings across various key factors according to Smartkarma Smart Scores. Axiata Group is viewed positively in terms of dividends and momentum, indicating strong performance in these areas. While the company scores moderately in terms of value, it excels in providing dividends to its investors and showcasing positive growth momentum.

Axiata Group‘s resilience and growth scores, although not as high as dividends and momentum, still position the company decently for the long term. As a telecommunications company, Axiata Group Berhad focuses on providing telecommunications services, which forms a core part of its business activities. These favorable Smart Scores suggest a promising outlook for Axiata Group in the future, especially in terms of delivering returns to its shareholders.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars