Omani Qatari Telecommunications Company SAOG reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was OMR 64.7 million compared to OMR 61 million a year ago. Net income was OMR 3 million compared to OMR 4.9 million a year ago.
For the full year, sales was OMR 257.8 million compared to OMR 258.1 million a year ago. Net income was OMR 10.9 million compared to OMR 19.2 million a year ago.
Omani Qatari Telecommunications Company SAOG is an Oman-based telecommunications company. The Company is engaged in the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The Company operates in two business segments: Operation of Global System for Mobile Communication (GSM) for prepaid and postpaid services, sale of telecommunications equipment, and other associated services, i.e., mobile segment; and provision of international and national voice and data services from fixed line, sale of telecommunications equipment, and other associated services, i.e., fixed line segment. The Company’s subsidiaries include Duqm Data Centre SAOC and Gulf Tower Company SPC.
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ESG MSCI
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