Wednesday, February 21, 2024

Tag: Revenue

SoE revenue falls short of target 

The State owned Enterprises (SoEs) have generated some 300 billion birr in revenues, 38 billion birr short from the targeted revenues while securing 55.66 billion birr in profits which as well short of the 70 billion birr in profit before taxes, set for the concluded Fiscal Year.

Agency bags over half a billion birr from accreditation, documentation services

Surpassing expectations, the Federal Documentation Accreditation and Registration Agency has revealed it was able to amass 522 million birr in revenue from the services it has rendered during the recently concluded fiscal year which extends from 8th July 2019 to 7th June 2020.

Ethio Telecom’s revenue surges by 32 percent

The sole telecom provider in Ethiopia, Ethio Telecom, on Wednesday disclosed that its revenue has increased by a whopping 32 percent.

Ethio Telecom inches closer to 45 bln birr target revenue

The state-owned telecom operator is about to achieve 25 percent of its ambitious revenue target that will add some nine billion birr more in the current fiscal year.

260 million reasons to smile

The fastest growing airline in Africa, Ethiopian Airlines, has earned an operating profit of USD 260 million in the 2018-2019 fiscal year that ended in June 2019.