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Dialog Consolidates Performance in Q1 2021
May, 12, 2021
Rs2.8Bn in Direct Taxes, Fees and Levies to GoSL: (Further Rs3.5Bn in Indirect Taxes)
Capex Investments of Rs2.4Bn during the Quarter. OFCF Improved to Rs10.4Bn for Q1 2021
Dialog Axiata PLC announced, Tuesday 11th May 2021, its consolidated financial results for the three months ended 31st March 2021. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).
All key business segments, namely, Mobile, Fixed Line, Digital Pay Television, International and Tele infrastructure businesses positively contributed to record a consolidated Revenue of Rs32.9Bn for Q1 2021, demonstrating a strong growth of 12% Year-on-Year (“YoY”) and 2% Quarter-on-Quarter (“QoQ”). Underpinned by Revenue growth, Group Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) grew 12% YoY albeit declining 5% QoQ to record at Rs13.7Bn for Q1 2021. The EBITDA ma