Maroc Telecom
IAM
-0.34%
96.16
-0.33
IAM
Casablanca – Mubasher: Maroc Telecom said net profits for the first quarter of 2015 dropped by 10.2% year-over-year.
The telecom operator posted MAD 1.316 billion ($130.5 million) in net profits for Q1, compared with MAD 1.466 billion ($145.4 million) in the same period a year earlier.
Revenues rose to MAD 7.942 billion from MAD 7.206 billion in Q1-14, while operating profits declined by 4% to MAD 2.558 billion from MAD 2.665 billion.
Source:
Mubasher