10 APRIL 2002

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Maltacom profits up 19.1%
Mobile telephony has attributed to Maltacom plc’s sweeping financial results for the year ending 31 December 2001. The company, which is Malta’s leading provider of telecommunications and ancillary services, has recorded a turnover which has risen by 6.5% to Lm50.8 million and a profit from direct operations which has gone up by 19.1% to Lm 13.5 million. Mobile traffic has contributed immensely to this positive turnover, since Go Mobile’s active subscribers currently amount to a hefty 83,000 people. READ MORE >>

Bank’s bid to streamline activities ruffles feathers
Some clients at HSBC are reeling from the news that they are set to be charged an administration fee of Lm4 per quarter if the average balance of their combined savings and current accounts does not exceed Lm75. READ MORE >>

Paola supermarket re-opening eventually in due time
It is still unclear when Carter’s Supermarket will be re-opening its doors to the public, as the owner attempts to put right a legacy of problems which the Price Club supermarket has left him to deal with. READ MORE >>

Copyright © Network Publications Malta.
Editor: Saviour Balzan
The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07, Malta
Tel: (356) 21382741-3, 21382745-6 | Fax: (356) 21385075 | e-mail: editorial@networkpublications.com.mt