Home › Ooredoo Group Q4 revenue drops 12%, FY revenue falls 8%
 

Keywords :   


Ooredoo Group Q4 revenue drops 12%, FY revenue falls 8%

2019-02-14 09:16:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group revenue decreased by 8 percent to QAR 29.9 billion for the year ended 31 December 2018 from QAR 32.65 billion in 2017, with strong contributions from Oman and Kuwait. Group revenue before foreign exchange impact decreased by 6 percent. Fourth quarter revenue dropped by 12 percent to QAR 7.15 billion from QAR 8.17 billion in 2017. The fourth quarter included an adjustment for previous quarters related to the impact of IFRS 15 and excluding this, Q4 revenue declined by 9 percent. 

Tags: group falls revenue drops

Category:Telecommunications

Latest from this category

All news
»
27.09Washington Corner | September 2024
27.09Hurricane Isaac Graphics
27.09Remnants of John Graphics
27.09Remnants of John Forecast Discussion Number 20
27.09Remnants of John Wind Speed Probabilities Number 20
27.09Remnants of John Public Advisory Number 20
27.09Summary for Remnants of John (EP5/EP102024)
27.09Tropical Storm Joyce Graphics
More »