Sri Lanka Telecom is 44 percent owned by Malaysia's UT group and 49.5 percent by Sri Lanka's Treasury.
Revenues in the December quarter rose 9 percent to 13.5 billion rupees, expenses also rose 9 percent to 8.6 billion rupees allowing margins to also keep pace, rising 9 percent to 4.
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9 billion rupees.
Operating profit after depreciation grew 14 percent to 1.8 billion rupees.
At the core wireline company also revenues grew 7 percent to 8.5 billion rupees and profits after depreciation grew 6 percent to 1,156 million rupees.
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"The strong underlying growth in operating profits demonstrates our sound growth strategy balancing profitable growth coupled with significantly increased capital investment in network modernization and capacity expansion," chairman Nimal Welgama said in a statement.
"Our i-Sri Lanka project is delivering high speed island wide broadb