Makedonski Telekom reported earning results for the first nine months of 2016. For the period, the company reported net profit declined 26% year-on-year to MKD 713.7 million in the first nine months. The company's operating revenue fell 1% to MKD 7.89 billion. The company's operating profit fell 21% to MKD 873.9 million. Total financial revenue fell 58% to MKD 20.6 million. The company ended the first nine months of 2016 with revenues of MKD 7.82 billion, down by 0.3% compared to the same period of the previous year. Capex amounted to MKD 1.01 billion.