Croatia's T-Hrvatski Telekom H1 2011 net profit up by 0.7% y/y.

By bne IntelliNews August 1, 2011
Croatia's incumbent telecom T-Hrvatski Telekom (T-HT) said its net profit increased by 0.7% to HRK 828mn (EUR 112mn) in H1 201, the company announced in a filing to the Zagreb Stock Exchange. The EBITDA fell by 3.1% to HRK 1.67bn. The revenues were down by 4% y/y to HRK 3.88bn. The company's ICT unit Combis contributed HRK 161mn to the revenues. The number of residential mobile subscribers grew by 8% and of the corporate ones - by 5.2% y/y. Deutsche Telekom owns 51% of T-HT.

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