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According to unverified data, AB Lietuvos radijo ir televizijos centras (Telecentras) for the first half of the year generated a net profit of 525,000 euros. The company has also increased revenue and customer revenues in the Internet segments.
The operating profit of the parent company for the period under review increased by 6.3% compared to 9.39 million. Eur last year to 9.98 mln. According to him, the growth of sales was positively correlated with the growth of the clientele 4, according to the report of the Board of Directors of the Ministry of Communications and Telecommunications of the Republic of Lithuania. , 8% Revenue from the Paukiai Trail revenue center of Telecommunications Units of Vilnius Telecommunications Company compared to the 2017 year. In the first half, it grew by 9.3%. Revenues from radio and television services decreased by 3.9%, while the volume of mailing and access services decreased.
The company's operating activities (without depreciation) in 2018 In the first quarter amounted to 7 million. Eur and compared to that in 2017 increased 3.7% in the first half of 2017 (reaching 6.77 million euros in the first half). Make the most of your LTE network development and install the project for your customers. In other regions, the decline has decreased. For example, the efficiency of the structure and work process has reduced the number of employees by 11.4%. This also resulted in an increase in the average cost of labor and a saving of 3.3% of working hours
in 2018. The EBITDA of the first half (rental result, depreciation and amortization) amounts to 3.24 million litas. Eur and Compared to 2017 The first half EBITDA (excluding compensation for Telia Lithuania AB the previous year) increased by 21.3%. EBITDA plummeted 32.4% (28% in the first half of 2017) and major operators catch up with Panay
Despite strong competitive pressure, in the first half of 2018, the turnover and the figure Business customers wireless Internet segment continue to progress. As part of the broadcasting services of radio and television programs, we began actively rebroadcasting five half-channels in southern Lithuania for six months. We also completed the client transfer to the WiMax LTE network. Remigijus Eris, Managing Director of Telecentro, comments on the results of the project.
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