Tuesday, May 8, 2007

UPDATE 1-Golden Telecom Q1 net squeezed by incentive scheme

(Reuters) - Stripping out the impact of the so-called stock appreciation rights , net profit was $23.5 million, down 28 percent on the fourth quarter of 2006 and below an average forecast of $26.6 million in a Reuters poll of 10 analysts.

Analysts covering the fast-growing telecoms sector in the region tend to look at results quarter on quarter.


Read more at Reuters.com Market News

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