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General

Batelco net profit grows 6% in H1, raises interim dividend 35%

Tuesday 28 July 2020 | 10:25 CET | News
Bahrain's operator Batelco increased its net profit by 6 percent to BHD 35.9 million in the first six months of 2020. Revenues fell by 6 percent year-on-year to BHD 189.8 million, impacted by the sale of Qualitynet, which contributed BHD 11.4 million 2019. Operating profit was up 16 percent to BHD 47.4 million, and EBITDA increased by 10 percent to BHD 81.8 million, giving a margin of 43 percent.  

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Categories: General
Companies: Batelco / Qualitynet
Countries: Bahrain
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