Saudi's STC likely to post Q4 financials 20 January

By Muaath bin Saad

Riyadh-Mubasher: Saudi Telecom Co. (STC) is expected to report its financial results for the fourth quarter of 2015 on 20 January, sources told Mubasher.

The telecom operator posted net earnings of SAR 2.3 billion for Q3-15, a fall of 31% compared with SAR 3.3 billion in the same period a year ago.

Nine-month net earnings also declined 14% year-on-year from SAR 8.6 billion to SAR 7.4 billion.

Translated by Abdul Maguid Aboshahla     

MUBASHER Contribution Time: 11-Jan-2016 09:44 (GMT)