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Ooredoo Kuwait H1 EBITDA rises by 47% amid cost optimisation and better product mix

Tuesday 30 July 2019 | 09:33 CET | News
Ooredoo Kuwait reported a 47 percent growth in EBITDA in the first half of 2019 to QAR 432 million compared with the same period of 2018. Cost optimisation initiatives and a more favourable product mix, with lower handset sales and IFRS 16 impact, supported margin expansion to 32 percent in H1 2019 from 19 percent in the same period a year earlier. 

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Categories: Mobile & Wireless
Companies: Ooredoo Kuwait
Countries: Kuwait
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