ATH ANNOUNCES FIRST QUARTER RESULTS

Amalgamated Telecom Holdings Limited (ATH) and its group companies have recorded an interim and unaudited Consolidated Net Profit after Tax and Minority Interest of $8.9 million for their first quarter ended 30 June 2014 compared to the Consolidated Net Profit after Tax and Minority Interest of $5.0 million for the corresponding period last year.

The result surpassed that reported for the same period last year, largely as a result of increased earnings from subsidiary companies. Total revenues for the group increased by $7.1 million mostly from data network and internet revenue while the overall expenses increased by $2.8million.

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