The total group revenue as of March 2007 rose by 10 % to RO 85.706 million compared to RO 77.966 million of the corresponding period of the previous year.
The operating expenses increased by 10.2 % and reached RO 58.5 million compared with RO 53.1 million of the same period of last year. The increase in operating expenses is in line with the increase of company's activities and to prepare to the upcoming competition in fixed line services.
The earning per share (EPS) as of March 2007 stood at 32 baisas, which is %12.7 higher than the corresponding period of last year.
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24.1 million Omantel's net profit up as of Marsh 2007
- Oman: Monday, May 14 - 2007 at 14:06
- PRESS RELEASE
Oman Telecommunications Company (Omantel) has announced 13 on May 2007 a net profit after tax of RO 24.1 million for the first quarter of 2007 compared with RO 21.4 million in the same period of last year, an increase of 12.7 per cent.
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Posted by Lara Lynn Golden, News EditorMonday, May 14 - 2007 at 14:06 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Thu May 31 2007.
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