DiGi's Pre-tax Profit Up 29% In First Half

KUALA LUMPUR, July 20 (Bernama) -- Mobile operator DiGi.Com Bhd has posted a net profit of RM496 million for the first six months ended June 30, 2007, up 29 percent compared to same period last year.Revenue rose 17 percent to RM2.07 billion on the back of increased usage and a larger customer base, the company said in a statement today.It added that during the period, the total customer base expanded 11 percent to six million amid intense competition and a maturing market.According to the company, attractive festive promotions and a segmented market approach led to higher voice traffic and increased blended average mobile revenue per user to RM58 from RM54 last year.DiGi.Com's chief executive officer Morten Lundal said the company was pleased with the results, especially in boosting usage and growing its customer base in target markets."Our focus on operational efficiency has also paid off," he said.The strong operating results in the first half year raised pre-tax profit by 27 percent to RM683 million, the company said.Lundal said the company was confident of continuing a good growth momentum in the second half of the year, targeting a mid-teens revenue growth."We are ready for new challenges that come with a maturing market. We will continue our creative and competitive approach to further widen our customer base and grow revenue," he said.