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Slovenia's Tusmobil turns to H1 net profit

Slovenia's Tusmobil turns to H1 net profit

LJUBLJANA (Slovenia), August 29 (SeeNews) – Slovenian mobile operator Tusmobil said on Friday it turned to a net profit of 1.5 million euro ($2.0 million) in the first half of 2014 from a net loss of 85,100 euro a year ago.

Net sales rose 8.1 % to 38.7 million euro through June, Tusmobil said in a bourse filing.

The company had a market share of 12.2% at the end of June and 288,765 mobile subscribers.

Tusmobil competes with Slovenia's largest cellphone operator, Mobitel, a unit of state-owned Telekom Slovenije, T-2, Debitel, Izi Mobil and Si.mobil.

($=0.7583 euro)