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General

Crnogorski Telekom H1 revenues down 3.4% to EUR 39.3 million

Thursday 25 July 2019 | 11:18 CET | News
Montenegrin operator Crnogorski Telekom reported total revenues of EUR 39.3 million for the first half of 2019, or 3.4 percent than in the same period in 2018. EBITDA amounted to EUR 13.6 million (-7.8%), while net profit fell to EUR 1.3 million, due to lower operating profit, partly because of new accounting standards but also a significantly higher volume of investments.

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Categories: General
Companies: Crnogorski Telekom
Countries: Montenegro
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