Ceylon FT: Sri Lanka Telecom PLC (SLT) reported a net profit of Rs 5.33 billion for the year ended 31 December 2013, up 38% from a year ago, financial results filed with the stock exchange showed.
Revenue grew 6% to Rs 60.14 billion and operating costs amounted to Rs 41.2 billion, up 6% from a year ago.
The group reported a foreign exchange loss of Rs 441 million, down from a Rs 1.21 billion loss a year ago.
Revenue from fixed telephony operations increased to Rs 36.7 billion, up from Rs 34.7 billion a year ago with profits increasing to Rs 5 billion, up from Rs 4.6 billion.
Mobile operations generated revenue amounting to Rs 27.5 billion, up from Rs 24.9 billion a year ago, with profits surging to Rs 3 billion, up from Rs 1.7 billion a year ago.
In ‘other segments’ operations, revenue fell to Rs 1.8 billion, down from 2.04 billion a year ago, reporting a Rs 170 million loss, up from Rs 1 million a year ago.
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