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Moldtelecom net profit amounted to 39.91 million lei in 2022, down 2.3 times as compared to 2021 (91.53 million lei).

Moldtelecom net profit amounted to 39.91 million lei in 2022, down 2.3 times as compared to 2021 (91.53 million lei).

This is stated in the published annual financial statements of the company. According to the documents, Moldtelecom proceeds from sales decreased by 0.5% over the year - from 1 billion 603 million 258 thousand to 1 billion 595 million 071 thousand lei, while cost of sales rose by 2.5% - from 1 billion 274 million 674 thousand to 1 billion 307 million 236 thousand lei. Administrative expenses decreased by 5.2% - from 55.75 million to 52.87 million lei. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) reduced by 5.6% - from 857 million lei in 2021 to 809.2 million lei in 2022. According to the report of the company, the income of Moldtelecom from fixed telephony services in 2022 amounted to 249.83 million lei (19.9% against 2021), from mobile telephony - 289.97 million lei (+3.2%), fixed Internet and IPTV - 1 billion 023.3 million lei (+4.5%). The authorized capital of the company is 1 billion 015 million 120 thousand lei. Moldtelecom is a national operator of fixed-line telephony. The company also provides services of mobile communication under Unite brand, as well as Internet access and cable television services. The company is 100% state-owned. // 15.05.2023 - InfoMarket

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