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Kuwait’s VIVA posts KD24.2m in full-year profit

Kuwait Telecoms Co (Viva) has said its full-2013 net profits surged to KD 24.2m from KD3.9m in the previous year, Kuna has reported. “Our performance in 2013 reflected our consistent hard work and dedication in an exceptionally competitive market,” said Viva chairman, Adel Al-Roumi. “During the year we delivered solid performance with revenues of KD182.4m, which reflects strong revenue growth of 33% when compared to the year before,” he said.