ZAGREB (Croatia), August 3 (SeeNews) - Croatian alternative telecoms operator Metronet Telekomunikacije said on Friday it cut its loss by 21% on the year to 12 million kuna ($2.0 million/1.6 million euro) in the first half of 2012.
Operating revenues rose 8.0% on the year to 104 million kuna in the first half of 2012, the company said in a press release.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 5.0% on the year to 38.1 million kuna over the review period while the EBITDA margin edged down to 36% from 37% a year earlier.
(1 euro=7.5266 Croatian kuna)