Makedonski Telekom reported earnings results for the first quarter ended March 2016. For the quarter, the company reported profit fell by an annual 17.2% to MKD 250.5 million. Operating revenues were flat on the year at MKD 2.5 billion, resulting in an operating profit of MKD 302.5 million, down 10% year-on-year. Financial revenues plunged 86% to MKD 3.8 million in January to March.