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.