Ooredoo Q1 profits rise to KWD 12.93m

Mubasher: Ooredoo Kuwait achieved a growth of 26.6% in profits during the first quarter of 2017 when compared to the same period of 2016.

The earnings increased to KWD 12.93 million ($42.46 million) in Q1-17 from KWD 10.21 million ($33.53 million) in Q1-16, according to a bourse statement issued on Monday.

It is worth noting that Ooredoo recorded a growth of 75% in profits to KWD 46.67 million during fiscal year 2016 from KWD 26.67 million in FY15.

 

Mubasher Contribution Time: 24-Apr-2017 07:11 (GMT)
Mubasher Last Update Time: 24-Apr-2017 07:11 (GMT)