Investors

Axiata Group Berhad announced its Headline Key Performance Indicators (“Headline KPIs”) for the financial year ending 31 December 2025 (“FY2025”) on 26 February 2025. These KPIs were set based on the assumption that the Group would operate under the prevailing business conditions at that time.

Following this, on 16 April 2025, Axiata successfully completed the merger between PT XL Axiata Tbk, PT Smartfren Telecom Tbk and PT Smart Telecom in Indonesia. The merged entities, PT XLSMART Telecom Sejahtera Tbk (”XLSMART”) is a key associate company of the Group, with an effective shareholding of 36.9%. This transformative merger represents a significant step in strengthening our market position in Indonesia and unlock long-term value for the Group.

Due to material changes to the Group’s portfolio which is in line with Axiata 5*5 strategy, the Board of Directors and Management of Axiata have resolved to maintain the Headline KPI on EBIT Growth of high single digit, which is more reflective on the business performance.

The full announcement on the revised Headline KPIs FY2025 is attached below. 

This announcement is dated 28 May 2025.