Telekom Srbija reduces profit from 34 to 10 billion dinars in 2024

Last year, Telekom Srbija profited RSD 10 billion, which is lower by two thirds than in 2023, when the company’s profit amounted to RSD 34.1 billion, whereas they spent more than RSD 32 billion on recapitalizations, of which RSD 30.4 billion for Arena Channels Group, as shown by the data of the company’s financial report, N1 reported today. The operating income of Telekom in 2024 increased from RSD 124.7 billion in 2023 to RSD 155.3 billion, whereas the financial income grew from RSD 2 billion to RSD 7.9 billion.

As said, the financial expenditures doubled from RSD 17.8 billion in 2023 to RSD 32.7 billion, whereas the interest expenditures grew from RSD 15.3 billion at the end of 2023 to RSD 25.1 billion at the end of December last year.

The average number of employees increased from 8,367 to 8,689.

Telekom Srbija a.d. Beograd

UG. UNITED GROUP INC Beograd

United Grupa BROADBAND INVESTMENT S.à r.l.

Telekom Srbija

EON TV International Ltd

United Group

Telekom income