Nippon Telegraph and Telephone Corp (NTT Corp) has published its consolidated financial results for the six months ended 30 September 2018, highlighting that net profit fell 0.8% to JPY559.726 billion (US$3,779 billion), down from JPY564.079 in the corresponding year-ago period, as operating revenues rose 1.8% to JPY5.793 trillion from JPY5.691 trillion and operating profit climbed 3.1% to JPY1.071 trillion from JPY1.038 trillion. EBITDA for the six-month period improved to JPY1.752 trillion from JPY1.733 trillion; EBITDA margin was 30.2%, down 0.2% y-o-y compared to 30.4% previously. The carrier said it had made 'steady progress toward' achieving its annual plan, noting that 'both operating revenues and operating income increased to highest-ever 2Q levels'.
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