
Grameenphone grows profit to BDT 5.2 bln

Bangladesh's mobile operator Grameenphone reported BDT 5.2 billion net profit in the first quarter owing to efficient cost management and reduced depreciation expenses. In the year-ago quarter, Grameenphone reported a profit of BDT 2.87 billion. EBITDA margin was 55.1 percent, which increased by 7.3 percentage points compared to 47.8 percent of the same period last year. Earnings per share (EPS) stood at BDT 3.85 compared to BDT 2.12 of the first quarter of 2011. Grameenphone's revenue increased by 12.3 per
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