Ooredoo Net Profit in 2016 Rise 4% to QR 2.2 Billion

Board of Directors Recommends a Cash Dividend of QAR 3.5 per Share.

 

February 22, 2017

 

Ooredoo disclosed its financial statements for the full year ended on 31.12.2016. The statements show that the net profit attributable to the shareholders of the parent is QR 2,193 million compared to QR 2,118   million for the previous year.

 

Earnings per Share (EPS) amounted to QR 6.84 for the full year ended December 31, 2016 compared to EPS of QR 6.61 for the previous year.

 

Board of Directors Recommends a Cash Dividend of QAR 3.5 per Share.