STC Q1 net profit up 5.4% to SAR 2.5 bln

Friday 5 May 2017 | 10:39 CET | News
Saudi operator STC's net profit for the first three months to 31 March rose by 5.4 percent to SAR 2.5 billon compared to the same period in 2016. Earnings per share grew to SAR 1.26 compared to SAR 1.20 in 2016. STC will distribute SAR 2.00 billion in cash dividend or SAR 1 per share, in line with the approved dividend policy for three years starting from Q4 2015, which was announced on 11 November 2015 and ratified at the AGM on 04 April 2016.

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Categories: Mobile & Wireless
Companies: STC
Countries: Saudi Arabia
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