Ceske radiokomunikace - half-year results according to IAS

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Investiční bankovnictví KB

      The company announced consolidated results for 1H03 according to IAS. Net profit rose sharply to CZK 844m up from CZK 342m in the same period last year. The biggest driver remained T-Mobile, which is consolidated using equity method – i.e. influencing only net profit (loss). The results still include Contactel, which was sold to TDC for CZK 1 during July. Contactel contributed net loss of CZK 101m. Cost cutting measures, which dragged the operating costs down by 20.2% has also had positive impact.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.