PLDT’s profit in H1 2024 stalls as telco industry growth ‘remains challenging’

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 16 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Earnings Reports Berita

Telecommunications Companies,Business,Corporate

Telco tycoon Manny Pangilinan says growth in the industry 'remains challenging across the board'

This is AI generated summarization, which may have errors. For context, always refer to the full article.MANILA, Philippines ⁠⁠⁠⁠– Telecommunications giant PLDT saw no growth in its bottom line in the first half of 2024, although it managed to boost both its service revenues and earnings before interest, taxes, depreciation, and amortization by 3% to hit all-time semestral highs.

Here is the breakdown of PLDT’s revenue growth in H1 2024. Screenshot of presentation slide from PLDT press briefing. “We can probably hit our target in terms of mid single digit growth in our core income and EBITDA, barring unforeseen circumstances,” Pangilinan said in a press briefing on Tuesday.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 4. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Leading online market platform joins MSME Summit 2024Defining the News
Sumber: MlaStandard - 🏆 20. / 55 Baca lebih lajut »