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General

Batelco Group net profit up 60% to BHD 13.1 mln in Q1

Friday 4 May 2018 | 10:39 CET | News
Batelco Group has reported a 60 percent increase in net profit to BHD 13.1 million in the first quarter ended 31 March from BHD 6.2 million in the same period of 2017. Gross revenues increased by 11 percent from BHD 89.7 million in Q1 2017 to BHD 99.5 million, supported by strong performances at Batelco Bahrain and Umniah Jordan. In Bahrain, revenues were boosted by improvements in mobile and broadband services and in Umniah revenues were up in all streams, with notable growth in adjacent services and fixed broadband. 

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Categories: General
Companies: Batelco / Umniah
Countries: Middle East
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