Additionally, the company’s fixed phones and Digital Satellite Television Services reached approximately 477,000 and 332,000 Sri Lankan homes.
The company CEO said that the group’s core business, featuring the mobile, international and infrastructure units, contributed 88 per cent to the group’s consolidated revenue, which was also identified as being Rs. 63.3 billion, a number that had gone up12 per cent year-on-year (YoY).
It also emerged that “(revenue growth in combination) with continued operational improvements led to the group posting healthy YoY growth in EBITDA of 7 per cent. EBITDA for the Year 2013 was recorded at Rs. 19.9 billion. While EBITDA demonstrated substantial growth in absolute and relative terms, inflation led expansion of key input costs resulted in the contraction of the Group’s EBITDA margin by 1.5 percentage points to be recorded at 31.5 per cent. Input cost expansion was driven in the main by tariff increases with respect to fuel and electricity and moderate inflation in other direct inputs including contracting costs and transportation costs associated with the operation of a 24×7 service on a nationwide basis… Group Net Profit before Tax (NPBT) for FY 2013 was recorded at Rs. 6.3 billion relative to Rs. 4.1 billion in the previous year, reflecting an increase of 56 per cent YoY”.