Tag: Telecommunication
Sri Lanka Telecom PLC: Financial Performance 1Q2024
Based on the interim condensed consolidated financial statements for the quarter ended 31 March 2024, Sri Lanka Telecom PLC reported the following financial performance: In summary, Sri Lanka Telecom PLC’s profitability has decreased in the quarter ended 31 March 2024 compared to the same quarter in the previous year, with lower operating profit and profit…
Sri Lanka Telecom Vs Dialog Axiata
To provide a comparative analysis between Dialog Axiata PLC and Sri Lanka Telecom PLC, we will look at various aspects such as market performance, financial health, strategic direction, and technological advancements based on the latest available data. Market Performance:As of the latest data, Dialog Axiata PLC’s stock price remained unchanged, indicating stability in investor sentiment.…
Sri Lanka Telecom: Latest Financial Performance and Future Outlook
The financial performance of Sri Lanka Telecom PLC for the year ending 31 December 2023, as detailed in their annual report, indicates a challenging economic environment. The company faced a contraction in the Sri Lankan economy, rising costs, and fluctuations in exchange and interest rates, which created a complex business environment. Key financial highlights from…
