Home Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%
 

Keywords :   


Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%

2020-10-29 09:17:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group said its net profit increased by 16 percent to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment. Revenue declined by 3 percent year-on-year to QAR 21.41 billion from QAR 21.96 billion because of Covid-19, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some markets. This was partially offset by growth in Indonesia.� [ more ]

Tags: net group down months

Category:Telecommunications

Latest from this category

All news

12.08EHR Cloud Hosting and Migration Insights for Healthcare IT Leaders
08.08Continuing Success with VMware: How Rackspace Supports Customers and Partners
Telecommunications »
14.08UK economic growth slows but beats forecasts
14.08Atlantic Tropical Weather Outlook
14.08Cafe owner feared 24k energy bill would sink firm
14.08Eastern North Pacific Tropical Weather Outlook
14.08Tropical Storm Erin Graphics
14.08Tropical Storm Erin Graphics
14.08Tropical Storm Erin Forecast Discussion Number 11
14.08Tropical Storm Erin Wind Speed Probabilities Number 11
More »