North Western Telecom (NWT) has posted the results of its 1Q 2004 performance. The telecom operator’s sales revenue amounted to Rub 3,344,974,000, including telecom services of Rub 3,241,846,000, i.e. up 20.6% and 20.4%, respectively, on 1Q 2003.

The company’s cost of sold services stood at Rub 2,513,846,000, of which Rub 2,480,495,000 came from telecom services.

NWT’s net profit reached Rub 680,525,000, i.e. 115.8% more than the same period last year.

The telecom carrier posted its balance sheet and 1Q 2004 income statement on its corporate web site, section “Analytical Indicators”.