Ukrtelecom sees 3.5% rise in net profit in 2015, 9.4% increase in revenue

14:49, 22.03.2016 1 min read

Public joint-stock company Ukrtelecom saw UAH 445 million in net profit in 2015, and it is 3.5% up on 2014, Ukrtelecom Director General Yuriy Kurmaz said at a press conference in Kyiv on Tuesday, referring to the unaudited report.

He said that net revenue over the period increased by 9.45, to UAH 6.773 billion.

Earnings before interest, tax, depreciation and amortization (EBITDA) increased by 55.3%, to UAH 1.864 billion. Capital investment decreased by 35.4%, to UAH 234 million.

Ukrtelecom is the largest fixed-line communications operator in Ukraine. The company promotes 3G mobile communications.