PJSC Central Telegraph announced earnings results for the first quarter of 2016. For the quarter, the company reported net profit of RUB 3.501 million compared to RUB 42.641 million a year before. Revenue decreased by 10.7% to RUB 739.694 million from RUB 828.567 million, pre-tax profit decreased 7.37 times to RUB 7.506 million from RUB 55.302 million. Under IFRS, profit decreased 5 times to RUB 51.473 million from RUB 291.591 million the year before. Revenue decreased by 5.4% to RUB 3.339 billion from RUB 3.53 billion. Profit from operations decreased twice to RUB 129.829 million from RUB 287.253 million, pre-tax profit 4.2 times to RUB 75.69 million from RUB 317.854 million.