Qtel Q1 profit rises 15%

Qatar Telecoms makes first quarter net profit of $166.1m while year-on-ear net income goes up.

  • E-Mail
By  John Irish Published  April 21, 2009

Qatar Telecommunications Co made a first quarter net profit of QAR604.4m ($166.1m), 15.04 percent more than in the year-earlier period.

Net income in the three months to Mar 31 was QAR604.4m compared with QAR525.39m riyals in the first quarter of 2008, the company said in a statement on the Doha bourse website.

HSBC's forecast in a Reuters survey earlier this month was QAR638m. (Reuters)

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code