Mobily says quarterly income climbed 13.4%
Complex Made Simple

Mobily says quarterly income climbed 13.4%

Mobily says quarterly income climbed 13.4%

Saudi Arabia's second-largest telecom operator, Etihad Etisalat (Mobily) has reported a 13.4% rise in second-quarter net profit, Reuters has reported. Mobily, an affiliate of the UAE's Etisalat, made a second-quarter net profit of SR1.61bn ($429.31m), up from SR1.42bn in the same period a year earlier, the firm said. The increase was attributed "to the increase in business revenues, higher data revenues and improved efficiencies." Revenue for the three months to June 30 was SR5.97bn, up from SR5.68bn from the prior-year period, Mobily said.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved