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Ooredoo Group announces QR14.5bn revenue for H1 thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.
Ooredoo Qatar reports revenue of QR3.7bn in H1 gulf-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulf-times.com Daily Mail and Mail on Sunday newspapers.
Ooredoo announces net profit of QR1.1bn in 2020 DOHA, February 15, 2021 Ooredoo Group s net profit attributable to shareholders decreased by 35% year-on-year to QR1.1 billion ($300 million) in 2020 mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales.
Ooredoo Group maintains healthy cash reserves and liquidity levels, and with a net profit of QR1.1 billion, the Board recommends the distribution of a cash dividend of QR0.25 per share.
In Q4 2020 the net profit was negatively impacted by Foreign Exchange losses mainly due to the devaluation of the Iraqi dinar and a one-off impairment from an investment.
Revenue declined by 4% year-on-year to QR28.9 billion in 2020, due to the Covid-19 pandemic impact, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some of our markets. This was partially offset by growth in Indonesia, Myanmar and Palestine. ....
(MENAFN - The Peninsula) The Peninsula Doha: Ooredoo Group announced yesterday net profit of QR1.1bn in 2020 and the Board proposed a cash dividend of QR0.25 per share. Group s net profit attributable to Ooredoo shareholders decreased by 35 percent year-on-year in 2020 mainly due to lower EBITDA and one off gains in 2019 from the Indonesian tower sales. In fourth quarter (Q4) of 2020, the net profit was negatively impacted by foreign exchange losses mainly due to the devaluation of the Iraqi dinar and a one off impairment from an investment. Revenue declined by 4 percent year-on-year to QR28.9bn in 2020, due to the COVID-19 pandemic impact, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some of our markets. This was partially offset by growth in Indonesia, Myanmar and Palestine. ....