Vodafone Hutchison Australia

Reports a net loss of $241.8M for the first half of FY17

Vodafone Hutchison Australia (VHA) has reported a net loss of $241.8 million for the 1H FY17, with a total revenue of $3.35 billion.

The loss marks an 8.4 per cent YoY decrease. It reported an EBITDA of $912.2 million, a 12.2 per cent increase from $812.8 million it reported the same time last year.

In comparison, Optus, last week, reported a net profit if $188 million, down $39 million from the same time last year but up marginally by $4 million from the previous quarter.

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Vodafone Hutchison Australia

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