Saudi Telecom Company reported preliminary consolidated earnings results for the fourth quarter and full year ended 31 December 2015. Revenues from domestic operations for 2015 grew 9% compared to the previous year. Revenues from the controlled international subsidiaries for 2015 grew 8% compared to the previous year. Consolidated revenues for 2015 reached SAR 50,837 million, an increase of 11% compared to the previous year. EBITDA for 2015 amounted to SAR 19,370 million, an increase of 3.8% compared to the previous year. Net profit was SAR 9.33 billion, or SAR 4.67 per share, compared to SAR 10.96 billion, or SAR 5.48 per share, for the year ended December 31, 2014. Operational profit was SAR 11.94 billion, compared to SAR 11.63 billion for the year ended December 31, 2014.

EBITDA for the fourth quarter amounted to SAR 4,459 million, an increase of 6.1% compared to the same period last year. The company has reported that et profit for the fourth quarter ended December 31, 2015 was SAR 1.95 billion, compared to SAR 2.44 billion for the same quarter ended December 31, 2014. Operational profit was SAR 2.55 billion, compared to SAR 2.38 billion for the same quarter ended December 31, 2014.