Operating revenue decreased by 7.8% to 64.2 million euro, while expenses went down 1% to 57.9 million euro, the telecommunications company said in a bourse filing.
Operating profit declined by 43.8% year-on-year to 6.3 million euro in the first nine months of 2017.
Following are details on Crnogorski Telekom's performance (in millions of euro):
9-mo'17 | 9-mo'16 | |
Operating costs | 57.896 | 58.477 |
Revenue | 64.240 | 69.649 |
Operating profit | 6.343 | 11.172 |
Net profit | 4.327 | 8.698 |
Hungary's Magyar Telekom controls 76.53% of Crnogorski Telekom.
($ = 0.861508 euro)