Ooredoo achieves higher profits in Q1

Kuwait-Mubasher: Ooredoo recorded a rise of 355.8% in profits of the first quarter in 2016 as compared to Q1-15, according to an issued statement.

During FY15, Ooredoo’s earnings reached KWD 10.21 million ($33.61 million) in Q1-16, compared to KWD 2.24 million ($7.37 million) in Q1-15.

On the stock market’s level, Ooredoo fell by 1.85% to end Tuesday’s session at KWD 1.06, after about 3,330 shares were traded with a value worth around KWD 3,530.

 

Mubasher Contribution Time: 26-Apr-2016 14:04 (GMT)
Mubasher Last Update Time: 26-Apr-2016 14:04 (GMT)