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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.
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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