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General

STC revenue increases 4% in Q1, EBITDA down 1%

Tuesday 21 April 2020 | 17:48 CET | News
Saudi operator STC Group said its revenue increased by 4.1 percent to SAR 13.9 billion in the first quarter compared to to the same period in 2019. Operating profit dropped by 8.3 percent to SAR 3.0 billion, and EBITDA amounted to SAR 5.3 billion, a decrease of 1.0 percent compared to the previous year. Net profit rose by 5.9 percent to SAR 2.9 billion compared to 2019. 

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Categories: General
Companies: STC
Countries: Saudi Arabia
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