Go To Businessweek.com

Bloomberg

Grameenphone Profit Climbs 76% to 18.9 Billion Taka

February 08, 2012, 1:50 AM EST

By Arun Devnath

(Corrects description in second paragraph.)

Feb. 8 (Bloomberg) -- Grameenphone Ltd., the Bangladesh unit of Norway’s Telenor ASA, reported full-year net income rose 76 percent to 18.9 billion taka from 10.7 billion taka a year earlier.

Revenue climbed 19 percent to 89.1 billion taka, according to an e-mailed statement from the company today. Grameenphone will pay a dividend of 6.5 taka per share, it added.

--Editor: Hari Govind

To contact the reporter on this story: Arun Devnath in Dhaka at adevnath@bloomberg.net

To contact the editor responsible for this story: Hari Govind at hgovind@bloomberg.net

READER DISCUSSION

Sponsored Links

Buy a link now!