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FINANCIAL NEWS
Omantel net profit grows by 9 percent
14 Jul 2016
(MENAFN) Oman Telecommunications Co. (Omantel) proclaimed that the firm’s initial unaudited fiscal results for Q2 ended on June 2016.
Moreover, the group’s net profit is USD 172.91mn compared to USD 158.68mn in 2015, an increase of 9 percent.
Meanwhile, the profit is pushed by strong local performance, which witnessed a high revenue growth of 6.7 percent.
In addition, the group revenue posted an increase of 5.9 percent to USD 703.06mn compared to USD 664.23mn in 2015.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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