This Year Sees Decline in Nepal Telecom's Earnings Compared to Last Year, Financial Report for Second Quarter of FY 2080/081 Highlights
"Nepal Telecom has generated a revenue of NPR 21 billion 30 million 93 thousand 79 from Shrawan to Poush, whereas in the same period last year, it had earned NPR 22 billion 10 million 11 thousand 37. Based on this, there has been a decrease of NPR 79 million 17 thousand 57 compared to last year. According to Nepal Telecom, there has been a decrease of 3.58 percent from the previous year.
In the last quarter, Nepal Telecom has earned NPR 43.68 per share. It is reported that Nepal Telecom has spent NPR 17 billion 24 million 67 thousand during this period.
According to the report, Nepal Telecom has made a profit of NPR 3 billion 93 million 14 thousand. It is stated that the increase in expenses due to the expansion of services in remote areas and the reduction in service charges have contributed to the decrease in revenue."