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General

TIM Brasil grows revenues 2%, EBITDA 7% in Q3

Wednesday 6 November 2019 | 13:56 CET | News
TIM Brasil reported a net profit of BRL 687 million in the third quarter of 2019, down by 48.5 percent compared to the same period in 2018, due to an extraordinary tax credit of BRL 950 million. Normalized net profit was BRL 619 million (+61.4%), and normalized EBITDA rose 6.8 percent to BRL 1.72 billion. Net revenue increased 2.3 percent to BRL 4.34 billion. 

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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