GP profit hits Tk 2,720cr in Jan-Sep

Grameenphone posted a 3.12 percent year-on-year rise in profit to Tk 2,720.63 crore in the first nine months of 2023.

The profit stood at Tk 2,638 crore in January-September of 2022. Thus, the earnings per share (EPS) rose to Tk 20.15 in the three quarters from Tk 19.54 in the same period of 2022, according to the audited financial statements.

Profit of the mobile phone operator, however, fell in the third quarter when it made Tk 747.15 crore, down 17.68 percent year-on-year.

As a result, the EPS slipped to Tk 5.53 in July-September from Tk 6.72 in the same quarter in the previous year.

The largest operator of Bangladesh in terms of revenue, coverage and subscriber base had 8.13 crore voice clients and 4.61 crore data customers at the end of June.