Bulgaria Telecommunication Company Profit Shrinks by 32%

Business | May 1, 2009, Friday // 12:17
Bulgaria Bulgaria Telecommunication Company Profit Shrinks by 32%: Bulgaria Telecommunication Company Profit Shrinks by 32% For the first three months of 2009, BTC's profit fell to BGN 21,024 M, compared to BGN 31,320 M for the same period in 2008. File photo

The Bulgarian Telecommunication Company (BTC) profit for the first quarter of 2009 decreased by 32% year-on-year.

For the first three months of 2009, BTC's profit fell to BGN 21,024 M, compared to BGN 31,320 M for the same period in 2008.

The total income also decreased, but only by 1% reaching BGN 254,440 M, while the company's spendings were BGN 228,325 M.

 

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