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NTT's Q1 profit climbs 6.5%
2013-08-06 01:47:00| Telecompaper Headlines
(Telecompaper) Japanese telecommunications group NTT posted a net profit of JPY 166.7 billion for the first quarter ended 30 June, up 6.5 percent from JPY 156.6 billion in the year-ago quarter. Operating revenues grew 1.3 percent to JPY 2.61 trillion while operating expenses were JPY 2.26 trillion, up 1.6 percent year-on-year. NTT's operating income slipped 1 percent to JPY 348.9 billion. The company reiterated its FY 2013 forecast of revenues of JPY 11.0 trillion and a net income of JPY 585.0 billion.
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Category:Telecommunications