TelOne announces 2015 results marked by declined revenues & improved operational profit

By Nigel Gambanga

Despite this decline in revenue TelOne registered an increase in operating profit from $7 million to $8,2 million while its net profit decreased to $5,8 million as a result of the impact of exchange rate fluctuations on its legacy loans which are held in Yen and Euro currencies.

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TelOne announces 2015 results marked by declined revenues & improved operational profit

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