Ooredoo profits down 48% in H1

Mubasher: National Mobile Telecommunications (Ooredoo) has reported a decline in profits during the first half of 2018 by 48% year-on-year, as shown by the company’s financial statement.

Net profits totalled KWD 12.2 million in H1-18, with return on equity reaching 24 fils, as reported by Kuwait News Agency (KUNA).

Revenues amounted to KWD 341 million ($1.1 million), decreasing by 1% compared with the same period last year.

Mubasher Contribution Time: 25-Jul-2018 22:27 (GMT)
Mubasher Last Update Time: 25-Jul-2018 22:27 (GMT)