Telstra cites impact of NBN rollout as it reports drop in revenues, EBITDA and net profit

摘要

Australia's Telstra has published its financial results for the six months ended 31 December 2018, posting a more than 27% year-on-year decline in net profit. While the company noted that its results had been 'impacted by the further rollout of the [National Broadband Network]' and said parts of its business 'continue to face short term challenges', it was keen to suggest that there are positive signs, 'particularly with the significant increase in retail post-paid mobile services'. Nonetheless, total turnover for the period under review was down 4.1% y-o-y at AUD13.79 billion (USD9.8 billion), while revenue excluding finance income totaled AUD12.59 billion, down from AUD12.81 billion. EBITDA for the first half of the telco's current fiscal year stood at AUD4.26 billion, representing a 16.4% drop against the corresponding period in 2017, while net profit after tax stood at AUD1.23 billion, down from AUD1.69 billion.