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Kuwaits Wataniya posts 187 drop in Q2 profit |
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Sunday, 07 August 2011 23:57 |
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Kuwait: Kuwait's National Mobile Telecommunications Company (Wataniya Telecom) has announced an 18.7% rise in second-quarter (Q2) net profit, Reuters has reported. The net profit has reached KD23.3m ($85.2m) in the second quarter, up from KD19.6m a year earlier. Wataniya, a unit of Qatar Telecommunications Company (Qtel), said consolidated revenue rose 35.2% in the quarter to KD182.3m from a year earlier. [AMEInfo.com]
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