By: Mohamed Idrees
Riyadh – Mubasher: Saudi Telecom Company (STC) is set to announce its financial statements for the first quarter of 2016 on Tuesday, 19 April, 2016, sources revealed to Mubasher.
The telecom firm previously reported a decline in its net profit for the full-year 2015 by 14.8% to SAR 9.3 billion, from SAR 10.96 billion in 2014.
STC reported a net profit of SAR 1.95 billion in Q4-15, a drop of 20.15% Y-o-Y.
Translated by: Nada Adel Sobhi
