BTC: profit plummets 64%

2 Feb 2009

Bulgarian telecoms group BTC has posted a net profit of BGN41.7 million (USD27.4 million) for the twelve months ended 31 December 2008, down 64% year-on-year. The company’s sales amounted to BGN1 billion, on a par with the 2007 figure. The company’s costs stood at BGN957.2 million versus BGN916.6 million in 2007.

Bulgaria, Vivacom (BTC)