Market Overview

Telefonica Czech Republic Q1 Net Profit Drops 6.9%


Telefonica Czech Republic AS (OTC: TFATF) reported a decline in its first-quarter net profit.

Its quarterly net profit dropped 6.9% to 1.62 billion koruna ($83.2 million), from CZK1.74 billion in the year-ago period. However, analysts were expecting a net profit of CZK1.61 billion.

Its revenue fell 3.3% y/y to CZK12.47 billion, versus analysts' expectations of CZK12.53 billion. Operating income before depreciation and amortization fell to CZK4.78 billion, from CZK5.07 billion.


Related Articles (TFATF)

View Comments and Join the Discussion!

Posted-In: profitEarnings News