Riyadh – Mubasher: Etihad Etisalat Company (Mobily) achieved net profits after Zakat and tax worth SAR 751 million during the first nine months of 2021, higher by 39.8% than SAR 537 million in the same period last year.

Earnings per share stood at SAR 0.97 in the January-September 2021 period, compared to SAR 0.7 in the corresponding period in 2020, according to the financial results on Tuesday.

Sales increased by 4% to SAR 10.93 billion in the nine-month period from SAR 10.51 billion in the first nine months of 2020.

During the third quarter (Q3) of 2021, Mobily recorded net profits worth SAR 281 million, up by 26.5% from SAR 222 in Q3-20.

Sales also grew by 7.48% to SAR 3.6 billion in Q3-21 from SAR 3.35 billion in Q3-20.

On a quarterly basis, the Q3-21 profits were higher by 15% than SAR 244 million in Q2-21, while the revenues shrank by 3% from SAR 3.72 billion.