SOFIA (Bulgaria), November 24 (SeeNews) – Bulgarian telecommunications services provider Allterco [BUL:A4L] said on Friday its consolidated net profit fell to 1.1 million levs ($29,100/26,100 euro) in the first nine months of 2017, from 1.7 million levs in the like period of 2016.
The company’s total operating revenue rose to 29.6 million levs in January-September, from 23.5 million levs in the prior-year period, Allterco said in a bourse filing.
Total operating expenses increased to 28.2 million levs in the period under review, from 21.7 million levs the year before.
Allterco operates on eight markets worldwide. In Southeast Europe, the Sofia-based company has offices in Romania, Serbia and Macedonia. It partners with over 20 mobile operators in seven countries on three continents and its services reach around a billion users.
As at 1205 CET on Friday, Allterco shares traded 6.98% lower at 2.0 levs.
(1 euro=1.95583 levs)