Mubasher: Bahrain Telecommunications (Batelco) said its profits declined year-on-year by 33% for the first quarter of 2016, according to a bourse statement.
Batelco reported BHD 9.6 million ($25.5 million) profits in Q1-16, compared to BHD 14.2 million ($37.7 million) in Q1-15.
The company achieved a total return of BHD 90.9 million ($241.1 million).