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Moldtelecom net profit in 2018 amounted to 59.01 million lei, decreasing by 4.6% versus the previous year (61.85 million lei)

Moldtelecom net profit in 2018 amounted to 59.01 million lei, decreasing by 4.6% versus the previous year (61.85 million lei)

21.05.2019

According to the published annual financial statements of the company, its sales in 2018, compared with 2017, decreased by 4% - from 1 billion 770.8 million to 1 billion 700.3 million, and the cost of sales decreased by 5.3% - from 1 billion 468.1 million to 1 billion 390.7 million lei. Last year, the company reduced distribution expenses from 203.3 million to 189.68 million lei (-6.7%), as well as administrative expenses - by 12.6% - to 58.3 million lei. Last year, Moldtelecom's assets decreased from 5 billion 948.29 million to 5 billion 828.97 million lei (-2%). In particular, long-term ...
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