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March 13, 1997updated 05 Sep 2016 1:01pm

COMPANY RESULT: PORTUGAL TELECOM SA

By CBR Staff Writer

Portugal Telecom SA has reported net profits for the year to December 31 up 51.5% to the equivalent of $320.6m on revenue up 11.3% to $2.78bn. Net earnings per share rose 51.3% to $1.68. Figures converted at $0.0058 to the Portuguese escudo.

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