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Omantel posts small fall in H1 net profit
- Oman: Wednesday, August 05 - 2009 at 14:07
Oman Telecommunications (Omantel) has reported a 2% decline in net profit after tax and excluding minority interest, to RO73.038m for H1 2009, compared with a net profit after tax of RO74.777m for the same period last year. Total revenue as of June 2009 declined by 1% to RO198.497m, compared to RO201.080m last year. Operating expenses increased by 1% to RO119.932m, compared to last year's figure of RO118.391m.
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