Go widens losses in 9M

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company's “Go” profits hiked 152.38% year-on-year to SAR 9.01 million in the third quarter of 2016 from SAR 3.57 million.

The increase in net profit was attributed to higher data revenue and other income, according to a bourse filing.

The company's losses widened 54.05% to SAR 56.35 million in the first nine months of 2016 compared to SAR 36.58 million in the year-ago period.

Total revenues rose 13.5% to SAR 86.3 million in Q3-16 compared to SAR 76.1 millio in Q3-15.

Mubasher Contribution Time: 21-Oct-2016 13:36 (GMT)
Mubasher Last Update Time: 21-Oct-2016 13:36 (GMT)