Thursday, February 12

Tag: Dialog Broadband Networks

Dialog Axiata PLC net profit after tax Rs. 10.8 billion for FY 2017
Business

Dialog Axiata PLC net profit after tax Rs. 10.8 billion for FY 2017

Sri Lanka's premier telecommunications service provider, Dialog Axiata PLC Friday announced its consolidated financial results for the financial year ended 31st December 2017 of the main company and the Dialog Axiata Group including subsidiaries Dialog Broadband Networks (D BILLION) and Dialog Television  (DTV). On the backdrop of strong market performance across all key business segments, the Group ended FY 2017 on a strong note to record a consolidated revenue of Rs. 94.2 billion, demonstrating a growth of 9% Year-to-Date (YTD) while revenue growth moderated to 2% Quarter-on-Quarter (QoQ) to be recorded at Rs. 24.8 billion for Q4 2017. Downstream of revenue growth, the Group Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) grew 16% YTD to record Rs. 33.9 billio...