Telem Reports “Healthy†Profit In 2015
~Praises staff for outstanding efforts~
POND ISLAND – TelEm Group has reported a “healthy†profit for 2015 despite dropping local and international call rates, and the widespread use of “free†calling services in St. Maarten.
The profit figure was announced to TelEm Group personnel by Chief Financial Officer (CFO) Helma Etnel, during a general meeting at the Belair Community Center, on Friday, June 17.
According to Etnel, the profits are thanks to the combined efforts of TelEm Group management and personnel in all divisions despite a significant drop in revenues for the year 2015.
“So while we were getting less money in, we were very conservative with spending and using what we had much more efficiently,†said the CFO.
Etnel said the figures could not have come at a better time to boost the morale of personnel, as many negative things are being reported about the company in online and print media – a development that the CFO regrets.
She urged personnel and managers not to dwell on these negative reports, but to remember all the positive things they have done over the past several years to make the company viable, and to continue to provide jobs for St Read more
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