DIGI

DIGI 1QE MAR 2009 NET PROFIT DROPS 5% TO RM275M

DIGI.COM recorded Net Profit of RM275.4m for 1QE Mar 31, 2009 - 5% lower than the RM290.1m in the previous corresponding period. In an EXCHANGE filing on Apr 30, 2009, the Group said it recorded a 4% growth in Revenue to RM1.2 bil from RM1.1 bil previously due to steady demand for mobile services and an increased subscriber base to 7.2m at the end of 1QE Mar 2009.

EPS was lower at 35.4 sen for the quarter compared with 38.7 sen a year ago.

PROSPECTS FOR 2009
On the Group's prospects for the remaining of 2009, the Group expects the challenging macroeconomic environment in Malaysia to continue, while the communications industry was expected to be relatively more resilient than other industries.

HOUSEHOLD BROADBAND PENETRATION
DIGI said with household broadband penetration of only 21.1% as at end-2008, the Group saw good prospects of capturing additional revenue streams.

FOCUS ON OPERATING CASH FLOW
The Group will focus strongly on operating cash-flow in 2009 and aims to achieve an Operating Cash-Flow similar to or better than that in 2008.

DIGI BECOMES WIRELESS BROADBAND PLAYER
In Mar 2009, the Group became the latest wireless broadband player in Malaysia with the launch of its 3G/HSPA wireless broadband network and offerings in the Klang Valley.