February 21 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Wednesday its consolidated net profit fell 7.5% to 863 million kuna ($142.9 million/116 million euro) in 2017.
Total consolidated revenues added 11.0% to 7.8 billion kuna last year, Hrvatski Telekom said in a filing to the Zagreb bourse.
Hrvatski Telekom maintained its leading position in all segments of the telecommunications market, the company noted. The main contributors to revenue growth of the company were mobile communications revenue and system solutions growth.
Hrvatski Telekom is 51%-owned by Deutsche Telekom.
(1 euro=7.44208 Croatian kuna)