Orient Telecoms Plc reported audited consolidated earnings results for the year ended March 31, 2019. For the year, the company reported revenue of GBP 218,822. Operating loss was GBP 215,048 as compared to GBP 205,529 for the same period last year. Loss for the period attributable to equity holders of the company was GBP 212,980 as compared to GBP 205,529 for the same period last year. Basic loss per share was 2.1 pence as compared to 4.4 pence for the same period last year.

The group expects 2020 to be another challenging year and competition remain intense. Whilst it may not be an easy year ahead, the group is committed to continue its efforts in improving its competitiveness by implementing various strategies include further negotiating better deals with other network provider as its business grows, which will enable efficiency in cost management and optimization. The group promises to continuously tap the growth opportunities available in the market. Barring any unforeseen circumstances, the group expects better performance for the year ahead.