Telekom Srbija generates profit of RSD 9,9 billion in the first half of 2014

(Photo: telekom.rs)

In the first half of 2014, Telekom Srbija had 7,9 million users or 114.000 more than in the same period last year and generated net profit totals RSD 9,9 billion which is 2,2 billion more than in the same period 2013.

As it was said for Tanjug, the company is planning and will provide funds that, if statutory authorities accept that suggestion, pays RSD 9,6 billion from profit as dividends. A total of RSD 7 billion of which would be paid to the republic budget and 2,6 to other small shareholders.

They say that fixed telephony is the only segment where user number decreased which is a trend when it comes to other operators in Europe as well.

When it comes to business financial indicators, in the January-June 2014 period, Telekom Srbija generated net profit of RSD 9,9 billion which is RSD 2,2 billion , more than in the same period 2013. For the January-June 2014 period, business income totals RSD 43,2 billion.