Dhaka, April 27 -- Grameenphone, the largest mobile phone operator in Bangladesh, logged a Tk 1,338 crore profit in the first quarter of the financial year 2024, riding on reduced net finance costs and foreign exchange gains.
The telecom company, the most valued scrip in Bangladesh's stock market, reported a 72 percent higher profit in the January-March quarter from a year ago, thanks also to reduced income tax expenses, according to its unaudited financial statement posted on its website late on Wednesday.
The earnings result by the phone operator having the highest subscribers comes two days after Robi Axiata Ltd, the country's second-largest mobile phone operator, reported a 153 percent jump in profit to Tk 106 crore for the identical ...