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ATH Group Announces First Quarter Results for 2018

ATH Group Announces First Quarter Results for 2018
August 22
13:16 2018

Amalgamated Telecom Holdings Limited (ATH) and its group of companies have recorded an interim and unadited Consolidated Net Profit After Tax and Minority Interest of $15.88 million for their first quarter ended June 30, 2018.

The group consolidated sales revenue for the first quarter grew by 14 per cent to $128.2 million as compared to what was achieved for the corresponding period last year.

The increases were from major revenue from major revenue streams for the group such as access fees, data network, and internet revenue, directory, equipment and ancillaries and computer hardware, software and technical support services.

Group overall expenses, alternatively, increased by 12.9 per cent.

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