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M1 Results Announcement
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katak88
Senior |
15-Oct-2012 22:32
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M1 posts 19.5% fall in 3Q net profit to $33.1m
M1 Limited posted a 19.5% fall in net profit after tax for the third quarter ended Sept 30, 2012, to $33.1 million from $41.1 million a year ago. Revenue for the same period rose 4% to $254.7 million. During the third quarter, M1 said it added 24,000 customers, bringing the total mobile customer base to 2.059 million as at Sept 30, 2012. Monthly postpaid churn improved to 1.2%, compared to 1.3% in the preceding quarter. As at Sept 30, M1 had 44,000 fibre customers. |
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