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M1's Q1 net up 4.4% at $42.8m
Published Mon, Apr 14, 2014 · 10:00 PM
M1 posted a 4.4 per cent increase in net profit at $42.8 million for the first quarter ended March 31, 2014, yesterday.
Operating revenue shrank 1.2 per cent to $240.2 million as handset sales and revenue from international call services declined.
Lower sales volume saw handset sales falling 16.5 per cent to $36.2 million, while revenue from international calls fell 17.2 per cent to $24.1 million because M1 delivered mo…
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