Slovak Telecom profits fall

Slovakia's fixed-line operator Slovak Telecom made a net profit of Sk2.07 billion (€52 million) in the first nine months of 2004, down by 11.2 percent year-on-year, it announced on Friday, the news wire TASR wrote.

Based on the international financial reporting standards (IFRS), the figures show revenues down by 5.4 percent on the year, at Sk12.66 billion (€315 million).

Slovak Telecom's EBIDTA - earnings before interest, deductions, taxation and amortisation - dipped from Sk6.6 billion to Sk6.1 billion.

This was reflected in the production profit, which fell by 41 percent to almost Sk1.3 billion (€32 million).

Compiled by Marta Durianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Which are the largest law firms in Slovakia?

For the first time, the ranking also provides an overview in partial categories of law.

Government has learned little, hesitates to open school gates

Education is a question of rights. So is protesting against the government, but at what costs? Slovakia welcomes hefty investment that comes with a warning sign.

Special regional restrictions and better tracing. SaS has introduced its plan to fight the pandemic

The document is based on eight chapters, which should contribute to economic recovery.

Richard Sulík introduces his plan.

Why so sad, why so mad?

What music you should listen to while waiting for your next COVID test results.

Nationwide coronavirus testing in Bratislava, October 31, 2020. City buses were used as testing sites too.