Kuwait – Mubasher: Ooredoo Kuwait’s net profit for the third quarter of fiscal 2016 declined by 2.6% to KWD 12.92 million ($42.59 million), compared to KWD 13.27 million for Q3-15.
Net profit for the first nine months of 2016, however, rose by 14.6% to KWD 32.2 million from KWD 28.11 million for the same period of 2015, according to a bourse filing.
The company earlier posted a net profit of KWD 19.28 million for the first half of 2016, 30% up from KWD 14.84 million for H1-15.
