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Reference price of Syriatel share is SYP 7188.63
Syriatel Publishes the Disclosure Form of Initial Results for the Fiscal Year 2013
Publish Date: 19/02/2014
Syriatel published today the disclosure form No. 1 of the initial results for the fiscal year 2013.
Initial financial results showed a rise in the net revenue as it has reached about 58.5 billion SYP with a growth rate of 3.37% in comparison with 2012, and more than 30.8 billion SYP were deducted from it for the account of the State general treasury, which represent the Syrian Telecom Company’s revenue share added to it the interconnect costs.
The net operational profits decreased after deducting the income tax by 25% compared to 2012 to overcome 4.7 billion SYP, and thus the basic dividend for each share from net operating profits attributable to the company's shareholders is 142.05 SYP which decreased by 46.43 SYP in comparison with 2012.
The basic dividend for each share from the general net income attributable to the company’s shareholders is 426.05 SYP including unrealized profits resulting from currency translation of 284 SYP.
For more details and to review the disclosure form No.1, please visit the Financial Statements Section.