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NaslovnicaEnglish NewsBusiness NewsShareholders to received €4.7 million in dividends

Shareholders to received €4.7 million in dividends

Podgorica, (MINA-BUSINESS) – The shareholders of Crnogorski Telekom have decided to allocate €4.7 million from the last year’s profit for payment of dividends, amounting to ten cents per share.

At their regular meeting, held in Podgorica today, the shareholders of Crnogorski Telekom adopted the financial report and annual report for 2018.

According to a press release, the company saw a 6.5 percent year-on-year growth in 2018, while its EBITDA amounted to €31.4 million.

 

“Net profit amounted to €7.3 million last year, and it was €2.1 million or 40 percent higher than in 2017,” the company says.

The press release says that Telekom achieved two strategic goals last year – it stabilized its revenues and increased its profit.

Executive Director of Telekom Dina Tsybulskaya said that the last year was characterized by an increase in the number of users of the fixed internet and TV services, as well as the postpaid segment. Longer version of article is available on a link MINA ENGLISH SERVIS

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