Dialog Axiata plc Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 19, 2021 at 10:06 am EST
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Dialog Axiata PLC announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was LKR 32,247.284 million compared to LKR 29,664.669 million a year ago. Operating income was LKR 4,576.442 million compared to LKR 3,558.948 million a year ago. Net income was LKR 3,437.364 million compared to LKR 2,427.568 million a year ago. Basic earnings per share from continuing operations was LKR 0.42 compared to LKR 0.3 a year ago. For the full year, sales was LKR 120,141.512 million compared to LKR 116,827.341 million a year ago. Operating income was LKR 16,682.890 million compared to LKR 15,336.207 million a year ago. Net income was LKR 12,034.129 million compared to LKR 10,775.717 million a year ago. Basic earnings per share from continuing operations was LKR 1.48 compared to LKR 1.32 a year ago.
Dialog Axiata PLC and its subsidiaries provide communication services, such as mobile, fixed, broadband, international gateway services; telecommunication infrastructure services, such as tower infrastructure and transmission services; media, such as digital television services based on multiple media- satellite, cable, terrestrial; digital services, including but not limited to digital commerce mobile and eCommerce; electronic payments, including mobile payment; digital health, education, navigation and enterprise services and financial services; software solutions, data center services, manpower services, provision of Information Technology and venture capital investment activities. It operates in three segments: mobile operation, fixed telephony and broadband operation and television operation. The Company serves various industries, including banking, finance and insurance; construction and real estate; government, agriculture and fisheries and leisure and food and beverage.