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FINANCIAL NEWS
Saudi Mobily records 7 percent rise in revenues
16 Jan 2014
(MENAFN) Revenues of Etihad Etisalat Company (Mobily) saw a 7 percent growth in 2013, reaching USD6.715 billion compared to USD6.289 billion during the same period in 2012, according to Arab News.
The company’s revenues during the fourth quarter of 2013 were estimated at about USD1.92 billion compared to USD1.71 billion in the third quarter, registering a 12 percent growth.
The company’s improved quality helped its gross profit significantly increase during the year by 51 percent.
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