Netia with Q4 loss

WSE-listed telecommunications firm Netia reported a PLN 6 million net loss Q4 compared with PLN 2.38 million profit last year. Revenues dropped by 3 percent to PLN 360.58 million. EBITDA amounted to PLN 91.9 million, down by 9.6 percent y/y. In 2017, the company had PLN 35.5 million, up from PLN 32.67 million in 2016, while revenues dropped to PLN 1.44 billion from PLN 1.52 billion the year before. At end-2017, the company provided 1.99 million telecom services to their clients, down from 2.13 million at end-2016.