Omani Qatari Telecommunications Company SAOG reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was OMR 62.06 million compared to OMR 63.21 million a year ago. Net income was OMR 2.36 million compared to OMR 2.09 million a year ago. Basic earnings per share from continuing operations was OMR 0.004 compared to OMR 0.003 a year ago.
For the nine months, sales was OMR 188.61 million compared to OMR 193.09 million a year ago. Net income was OMR 7.28 million compared to OMR 7.86 million a year ago. Basic earnings per share from continuing operations was OMR 0.011 compared to OMR 0.012 a year ago.
Omani Qatari Telecommunications Company SAOG is an Oman-based company, which is engaged in the installation, operation, maintenance and exploitation of mobile and fixed public telecommunications systems. The Company reports two segments: Operation of Global System for Mobile Communication (GSM) for prepaid and post paid services, sale of telecommunication equipment and other associated services, as well as Provision of international and national voice and data services from fixed line, sale of telecommunication equipment and other associated services. The Company serves for both individuals and corporate clients. It operates on domestic market.
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Investor
Investor
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Global
Global
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