Based on first quarter of 2003, Far East Telecom produced the highest growth rates in terms of key performance indicators among the mega-regional companies of Svyazinvest holding.
Average revenue per user (ARPU) reached RUR 1,330 - up 17% (RUR 1136.7). Revenue per employee was RUR 79,800, up 37.4% (RUR 58,100). Average growth rate for the holding is 133.1%.
The highest growth rate compared to the same period last year was posted by Far East Telecom, which also included outgoing paid traffic per line - up 117% (117.9 minutes). The average index for the holding in this area was 112.9%.
According to the director general of the company, Igor Zabolotny, despite the relatively small number of lines operated by each employee during the first quarter of 2003 - 60.2 - this indicator posted a growth o f 117.1%, which is the highest among Russia's mega-regional telecom companies (112.7%).
Igor Zabolotnynoted that the results achieved mainly demonstrate the efficiency in managing corporate of existing resources.
Far East Telecom - Key Performance Indicators for 1Q 2003
|
|
Indicators for 1Q 2003
|
Target for 1Q 2003 |
Indicators for 1Q 2002 |
1Q 2003 / 1Q 2002, % (growth)
|
|
Revenue from sale of goods (work and services) |
RUR 1,482 million |
RUR 1,466.8 million |
RUR 1,202 million |
3.3% |
|
Including sale of telecom services provided |
RUR 1,457 million |
RUR 1,433.8 million |
RUR 1,180 million |
23% |
|
Expenses for main activities |
RUR 1,229.1 million |
RUR 1,248.2 million |
RUR 983.4 million |
25% |
|
Depreciation charges |
RUR73.7 ??. ???. |
RUR 69.9 million |
RUR 64.6 million |
14% |
|
Operating profit |
RUR 252.9 million |
RUR 218.6 million |
RUR 218.8 million |
16% |
|
Net profit |
RUR 104.7 million |
RUR 61.5 million |
RUR 76.6 million |
36,6 % |
|
LD and ILD traffic |
129.5 million min.
|
126.7 milloin min. |
103.4 million min. |
25,2% |
|
