Batelco posts lower profits in Q1

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). 

Mubasher Contribution Time: 05-May-2016 12:56 (GMT)
Mubasher Last Update Time: 05-May-2016 13:38 (GMT)