Grameenphone, the leading private mobile telecom operator in the country, in the first half of 2019 posted a 10.6 percent year-on-year growth in revenue.
It reported a total revenue of Tk7,090 crore for the period.
The subscriber base of the operator grew 8.9 percent to 75.3 million in the six months, according to a press release on Monday.
It reads the company acquired 1.3 million new subscribers during the period, registering a 3.1 percent growth from the end of 2018.
It also acquired 1.6 million new internet subscribers. Currently, 52.8 percent of its total subscribers are using internet services.
The company’s net profit was Tk960 crore, with a 26.5 percent margin. It means the company has earned Tk26.5 against every Tk100 of its investment.
Grameenphone’s earnings per share (EPS) stood at Tk 7.07, which means the company has made the profit against each share.
According to the press release, in the second quarter of 2019 Grameenphone focused on improving its network resilience as well as modernising and rolling out 4G services, covering 62 percent of the population of Bangladesh.
“Due to changes made in the supplementary duty, we revised our product portfolio to ensure our valued customers experienced a smooth transition,” said Michael Patrick Foley, chief executive officer of Grameenphone.
“We will continue to protect the interest of our shareholders and provide value to our customers.”