NTT Group Announces Results for First Quarter
OREANDA-NEWS. NTT Group’s consolidated operating revenues for the three months ended June 30, 2013 were 2,609.1 billion yen (an increase of 1.3% from the same period of the previous fiscal year), consolidated operating expenses were 2,260.2 billion yen (an increase of 1.6% from the same period of the previous fiscal year), consolidated operating income was 348.9 billion yen (a decrease of 1.0% from the same period of the previous fiscal year), consolidated net income before income taxes was 356.1 billion yen (an increase of 2.7% from the same period of the previous fiscal year), and net income attributable to NTT was 166.7 billion yen (an increase of 6.5% from the same period of the previous fiscal year).
Operating revenues in the regional communications segment for the three-month period ended June 30, 2013 were 866.8 billion yen (a decrease of 3.7% from the same period of the previous fiscal year) due to the slowdown in the increase in number of “FLET’S Hikari” subscriptions. As a result, the increase in IP/packet communications revenues was unable to offset the decline in fixed voice related revenues resulting from the decline in fixed-line telephone subscriptions. On the other hand, operating expenses fell to 823.5 billion yen (a decrease of 6.4% from the same period of the previous fiscal year) due to a decrease in personnel expenses as a result of a decline in the number of employees and other factors, including reductions in sales-related expenses. As a result, segment operating income for the three-month period ended June 30, 2013 was 43.3 billion yen (an increase of 110.3% from the same period of the previous fiscal year).
Комментарии