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CenterTelecom

August 2, 2004

CenterTelecom released its 1H 2004 results

Moscow, Aug 2, 2004 – CenterTelecom (RTS: ESMO, ESMOP; OTC: CRMUY), a major fixed telecom services company, released today its 1H 2004 financial results to RAS.

1H KPI:

  • Sales –
    RUR 11 803 M, including 5 985.6 M in Q2
  • Sales margin –
    RUR 2 169.1 M, including 1 129.2 M in Q2
  • Maintenance expense –
    RUR 9 634.3 M, including 4 856.4 M in Q2
  • Net income (loss) –
    RUR (22.8) M, including 54.5 M in Q2

In 1H sales grew 26.7% y-o-y.

The company’s income from core activities has increased and costs have decreased as compared to projected. The company’s management is satisfied with the results.



 

Copyright © 2004 Joint-Stock Central Telecommunication Company

 

 

 

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