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MarketScreener Homepage  >  Equities  >  MUSCAT SECURITIES MARKET  >  OOREDOO    ORDS   OM0000003968

OOREDOO

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Ooredoo : makes 148 million Rufiyaa as profit in the last quarter of 2018

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02/11/2019 | 10:21am EST

Ooredoo Maldives has earned 148 million Rufiyaa as profit in the last quarter of 2018.

A financial statement published by the company shows that they made 481 million Rufiyaa as revenue in the last quarter of which 148 million Rufiyaa was profit.

This is an increase of 28% compared to the third quarter of the year. In the third quarter of the year, Ooredoo made 115 million Rufiyaa as profit. When compared to the last quarter of 2017, it was an increase of 5 percent.

Ooredoo began providing telecommunication services in the Maldives in the year 2005. It is a Qatari company and they began providing services under the name Wataniyya. Later the company was rebranded.

Ooredoo introduced new digital services in the Maldives this year. Those includes Digital Resorts, Amazon Prime Videos and tourist sim packages.

(c) 2019 Miadhu Daily Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (OMR)
Sales 2019 290 M
EBIT 2019 46,0 M
Net income 2019 38,0 M
Debt 2019 8,00 M
Yield 2019 7,64%
P/E ratio 2019 9,32
P/E ratio 2020 9,17
Capi. / Sales 2019 1,26x
Capi. / Sales 2020 1,20x
Capitalization 358 M
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 0,61  OMR
Spread / Average Target 11%
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Managers
NameTitle
Ian Charles Dench Chief Executive Officer
Amjad B. M. bin Ahmed Al-Busaidi Chairman
Abdul Razzaq Al-Balushi Chief Financial Officer
Ahmed Al Abri Chief Technology Officer
Saud bin Nasser Faleh Al-Thani Vice Chairman
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