Vodafone Qatar reports 61% jump in half-yearly net profit to QR216mn ...Qatar

Vodafone Qatar has reported its half-yearly net profit of QR216mn, representing an increase of 61.3% year-on-year (y-o-y), mainly driven by higher EBITDA. Net profit margin increased by 3.5 percentage points (pp) to 15.1%. Total revenue increased by 23.5% y-o-y to reach QR1.44bn, led by growth in the company’s postpaid, prepaid, fixed broadband services (GigaHome), IoT, managed services, and projects revenue. Service revenue grew by 14.1% to reach QR1.23bn. EBITDA for the period increased by 25.2% y-o-y to QR590mn led by higher service revenue and the continued effectiveness in implementing the company’s cost optimisation programme. EBITDA margin further expanded by 0.5pp to reach 41.1

Hence then, the article about vodafone qatar reports 61 jump in half yearly net profit to qr216mn was published today ( Tuesday 09/08/2022 - 08:08 PM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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