Vodafone Qatar Loss in Nine Months Reduced to QR 195
Million
Loss per share
23 Dirhams
January 31, 2017
Vodafone Qatar net loss in the nine
months amounted to QR 195 million
compared to a net loss of QR 285.7
million in the corresponding period last
year. Loss per share stood at QR 0.23
versus QR 0.3 in the corresponding
period of the previous year.
The Group Securities Comment :
Vodafone Qatar revenue in the nine months fell
3.9% to QR 1541 million and operating
expenses amounted to QR 1135.3 million
and the net operating income rose 18.3%
to QR 405.7 million. After deducting
depreciation and amortization expenses
worth QR 581.4 million, the company's
operating loss reduced by 35.3% to QR
175.8 million. After the addition of
other items, the loss rises to QR 195
million, down 31.7% of loss in the
corresponding period of the previous
year.