Omani Qatari Telecommunications Company SAOG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
Omani Qatari Telecommunications Company SAOG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was OMR 63.21 million compared to OMR 67.98 million a year ago. Net income was OMR 2.09 million compared to OMR 4.51 million a year ago. Basic earnings per share from continuing operations was OMR 0.003 compared to OMR 0.007 a year ago.
For the nine months, sales was OMR 193.09 million compared to OMR 197.06 million a year ago. Net income was OMR 7.86 million compared to OMR 14.18 million a year ago. Basic earnings per share from continuing operations was OMR 0.012 compared to OMR 0.022 a year ago.