Telia Lietuva, AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 08:09 am EDT
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Telia Lietuva, AB reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 122.78 million compared to EUR 113.28 million a year ago. Net income was EUR 18.48 million compared to EUR 15.41 million a year ago. Basic earnings per share from continuing operations was EUR 0.032 compared to EUR 0.026 a year ago.
For the nine months, sales was EUR 353.26 million compared to EUR 328.19 million a year ago. Net income was EUR 50.31 million compared to EUR 41.68 million a year ago. Basic earnings per share from continuing operations was EUR 0.086 compared to EUR 0.072 a year ago.
Telia Lietuva AB is a Lithuania-based telecommunication company. The Companyâs principal activity is telecommunications, television (TV) and information technology (IT) services to business and residential customers in the Republic of Lithuania. Its activities are divided into three segments: Business customer segment (B2B) that is responsible for services sales and customer care for big, medium and small business customer and operators, including retail and wholesale telecommunication and IT services; Private customer segment (B2C) that is responsible for service and customer care for private customers, as well as Other segment, which includes technology division and support units financial performance. Its services cover fixed and mobile communications, smart TV and smart phones, IT solutions for business and mobile network.
TELIA LIETUVA, AB 
