Riyadh – Mubasher: Etihad Etisalat (Mobily) posted on Thursday its financial results for the fourth quarter of 2015, which mirrored SAR 11 million net profit, against SAR 2.10 billion net loss logged in the same period a year ago.
The telecom operator’s FY15 net loss shrank by 30.65% to SAR 1.09 billion, from SAR 1.57 billion in FY14.
In a filing to Tadawul, Mobily said achieving profits in Q4-15 was due to one-off items that negatively affected Q4-14 financial results.
