Australia's Telstra logs 9.4% rise in half-year profit
Reuters
Yesterday
Australia's Telstra logs 9.4% rise in half-year profit
Feb 19 (Reuters) - Australia's Telstra Group TLS.AX on Thursday posted a 9.4% rise in its half-year profit, supported by steady contributions from its mobile business, while cost-cutting initiatives further boosted the company's bottom line.
The country's top telecom firm reported profit attributable of A$1.12 billion ($788.03 million) for the six months ended December 31, compared to A$1.03 billion logged last year.
($1 = 1.4213 Australian dollars)
(Reporting by Shivangi Lahiri and Nikita Maria Jino in Bengaluru; Editing by Alan Barona)
((Nikita.Jino@thomsonreuters.com;))
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