STC Kuwait revenue falls in Q1, EBITDA higher

Tuesday 4 May 2021 | 10:21 CET | News
STC Kuwait's revenue reached KWD 69.8 million in the first three months of 2021, down from KWD 72.2 million during the same period of 2020. The drop in revenues was due to the continuing repercussions of the Covid-19 crisis, the operator said. EBITDA still increased by 10.9 percent to KWD 18.9 million, and the margin rose to 27 percent from 24 percent a year ago. 

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