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Wireless

Vodafone Qatar revenue grows to QAR 535 mln in Q1, reports highest every quarterly net profit

Wednesday 1 May 2019 | 09:11 CET | News
Vodafone Qatar's total revenue increased to QAR 535 million in the first quarter ended 31 March, driven by higher postpaid and fixed revenues. EBITDA increased by 34 percent year-on-year to QAR 181 million, primarily due to higher revenue, lower costs and the application of International Financial Reporting Standard (IFRS) 16, re-classing long term lease costs to below EBITDA. The EBITDA margin reached 33.8 percent.  

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Categories: Mobile & Wireless
Companies: Vodafone Qatar
Countries: Qatar
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