Home Maroc Telecom FY net profit up 5.6% to MAD 5.85 bln
 

Keywords :   


Maroc Telecom FY net profit up 5.6% to MAD 5.85 bln

2015-02-23 09:33:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom said its net profit for 2014 increased by 5.6 percent to MAD 5.85 billion from 2013 following an exceptional expense related to the settlement of a tax dispute in 2013. The group's customer base reached over 40 million customers by 31 December 2014, an increase of 8.2 percent compared with 2013, primarily due to the international operations, where the customer base is around 20 million customers, up 17 percent in one year. Revenues rose by 2.1 percent to MAD 29.14 billion, up 2.1 percent from 2013 at a constant exchange rates. This performance is primarily explained by an 11.3 percent increase in international operations, and a 0.8 percent decrease in revenues in Morocco.

Tags: net profit mad telecom

Category:Telecommunications

Latest from this category

All news

»
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »