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CenterTelecom reported a 42.8% growth Thursday in Q3 net profits over Q2
Russian telecommunications giant CenterTelecom reported a 42.8% growth Thursday in Q3 net profits over Q2. Net profits rose from $3.95 million in Q2 to $5.64 million in Q3, the company said in a statement. Higher profits are attributed to the increase in tariffs and the reduction of expenses on the creation of a reserve fund on doubtful receivables and favorable currency exchange rates. CenterTelecom is part of the Svyazinvest holding and operates mainly in the Central federal district.
Print CenterTelecom reported a 42.8% growth Thursday in Q3 net profits over Q2 Bookmark CenterTelecom reported a 42.8% growth Thursday in Q3 net profits over Q2

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