STC Kuwait revenue rises 2% in first 9 months, net profit down 13%

Wednesday 3 November 2021 | 09:58 CET | News
STC Kuwait said its revenue increased by 2.3 percent to KWD 213.8 million in the first nine months to 30 September from KWD 209.0 million in the same period of 2020 despite the slow recovery from the Covid-19 crisis. Net profit decreased by 13.4 percent to KWD 23.8 million because of high depreciation for investments in 5G network assets.

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