Grameenphone Limited contributed Tk 944 crore in revenue to the public exchequer in 2010, its chief financial officer Raihan Shamsi told a press briefing at a city hotel on Monday.
He said the mobile operator had contributed a total of Tk 19,446 crore in revenue to the national coffers in the last 14 years.
Grameenphone's revenue earnings in the first quarter of 2011 stood at Tk 2,067 crore, posting a Tk 363 crore or 21.3 per cent rise from that in the corresponding period of 2010, Shamsi told at the briefing organised to announce the company's financial report for the January-March quarter of 2011.
However, the net profit of the company in the quarter amounted to Tk 287 crore with a 13.9 per cent profit margin compared to Tk 316 crore with an 18.5 per cent profit margin in the same period of 2010. The year-on-year profit margin has decreased in the first quarter of 2010 as the company invested Tk 206 crore for customer acquisition and modernisation of network and lost Tk 29 crore due to depreciation of dollar, Shamsi said.
Source: New Age
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