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Broadband

TeleChoice's profit jumps 25% in 2019, revenue declines 36%

Tuesday 25 February 2020 | 13:01 CET | News
Singapore-based TeleChoice saw its net profit jump 25.2 percent to SGD 5.4 million in 2019, while EPS increased 34.1 percent to 1.18 cents. However, revenue fell 36.2 percent to SGD 313.6 million, due to lower revenue from Personal Communications Services (PCS) and ICT Divisions. TeleChoice ended 2019 with cash and cash equivalents of SGD 23.1 million.

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Categories: Fixed
Companies: Telechoice
Countries: Singapore
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