Ooredoo Oman reported earnings results for the fourth quarter ended 2014. The has recorded a decline by 17% in its net profit during the October-December period of 2014, with its profit accumulating to USD 21.6 million compared with USD 25.88 million in the same period in 2013. The firm, majority-owned by Qatar's Ooredoo, added that despite the decline in profits, its revenue increased to reach USD 156.08 million during the cited period, which is compared with USD 136.61 million registered in the corresponding period of the previous year.
Omani Qatari Telecommunications Company SAOG
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ORDS
OM0000003968
Wireless Telecommunications Services
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5-day change | 1st Jan Change | ||
0.29 OMR | +0.35% |
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+0.35% | -10.77% |
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Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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-10.77% | 491M | |
+41.94% | 105B | |
+16.40% | 60.67B | |
-8.52% | 25.11B | |
-16.59% | 20.4B | |
+5.00% | 13.68B | |
+10.30% | 10.98B | |
-11.76% | 9.03B | |
+0.88% | 8.89B | |
-32.03% | 7.84B |
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- Ooredoo Oman Reports Earnings Results for the Fourth Quarter Ended 2014