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Wednesday, 12/09/2012 17:33

LTC: Explanation for change of over 10 percent in operating result Quarter II/2012

            According to the Financial Statement Quarter II/2012, the profit after tax decreased by more than 10% year on year. Low Current - Telecom JSC explained the increase in operating result in Quarter II/2012 as follows:

Reasons:

-       In QII/2012, market of telecommunications infrastructure had not plan of investment and repair. Thus, the company cannot sign the new contracts on construction of telecommunications infrastructure, revenue and profit increased sharply compared to 2012.

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