DHAKA, Oct 21, 2019 (BSS) – Country’s leading mobile phone operator,
Grameenphone reported total revenues of Taka 107.5 billion for the first nine
months of 2019, a 9.5 percent growth from the same period of last year.
In addition, the operator’s subscriber base grew up by 6.0 percent to 75.7
million during the same period, according to the Q3 financial update released
today.
The carrier acquired 0.4 million new subscribers during the third quarter
(Q3), registering a 6.0 percent growth from the end of 2018.
The company also acquired 0.9 million internet subscribers, which indicate
53.7 percent of total subscribers of Grameenphone are using internet
services.
“We delivered a solid business performance in Q3 despite a very
challenging environment,” said Michael Patrick Foley, CEO of Grameenphone.
Net profit after taxes (NPAT) for the quarter was Taka 7.3 billion, with
19.9 percent margin. Earnings per share (EPS) for the period stood at Taka
5.38.
“Grameenphone reported solid growth with strong margins in the Q3 of 2019,”
said Jens Becker, CFO of Grameenphone.