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Ooredoo to consider Q2 financials late July

Ooredoo to consider Q2 financials late July
Ooredoo has posted a decline of 15% in FY17 earnings
OOREDOO
OOREDOO
-4.72% 1,070.00 -53.00

Mubasher: National Mobile Telecommunications (Ooredoo) will hold its board meeting on Wednesday, 25 July, to discuss the income statements of the second quarter ended last June, according to a bourse statement on Wednesday.

In the first quarter of 2018, Ooredoo reported a 29.1% profit drop to KWD 9.17 million, compared with KWD 12.93 million in the same quarter last year.

Ooredoo has posted a decline of 15% in earnings to KWD 39.5 million in fiscal year 2017 versus KWD 46.7 million in FY16.