October 28 (SeeNews) - Bosnia’s second-largest telco, Telekom Srpske, said on Wednesday its consolidated net profit through September fell by 9.1% on the year to 84.2 million marka ($63.7 million/43.1 million euro).
The company boosted its consolidated operating income by an annual 5.7% to 369.5 million marka through September, it said in a statement sent to the Banja Luka Stock Exchange.
Telekom Srpske’s consolidated operating expenses totalled 273.5 million marka in the first nine months, up from 243.6 million a year earlier.
At the end of September, Telekom Srpske had a total of 359,784 fixed-line telephony subscribers, 1,201,600 mobile users and 88,344 Internet clients.
The company's shares were traded at 1.48 marka by 1340 GMT on Wednesday, up 0.68% from Tuesday's close.
Telekom Srpske, majority-owned by Serbia’s state-controlled telco Telekom Srbija, has clients mainly in Bosnia’s Serb Republic, which together with the Muslim-Croat Federation forms post-war Bosnia.
The country has two other telecoms companies, both state-controlled: the biggest one, BH Telecom, and a smaller company, HT Mostar. They operate in the Federation.
(1 euro=1.9558 Bosnian marka)