TIM Brasil revenues, underlying profit up slightly in Q1

Wednesday 8 May 2019 | 13:56 CET | News
TIM Brasil reported a normalized net profit of BRL 251 million in the first quarter of 2019, up by 2.5 percent year-on-year. The result excludes a BRL 30.3 million charge for deferred taxes, which sent reported net profit 10.4 percent lower to BRL 220 million. Operating revenues rose 1.7 percent to BRL 4.19 billion, including a 0.4 percent increase in mobile services revenue to BRL 3.8 billion and 11.6 percent growth in fixed service to BRL 229 million. 

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Categories: General
Companies: TIM Brasil
Countries: Brazil
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