|
Dubai: Bahrain Telecommunication Corporation (Batelco) yesterday reported a net profit of 78.2 million Bahraini dinars on a turnover of 213.2 million dinars.
"Batelco's results at the end of the third quarter of 2007 surpassed all similar previous achievements," the statement said.
Batelco's net profit rose 10.7 per cent compared with last year. Gross revenues grew 25.6 per cent over 2006. Operating profit rose on overseas businesses, while in Bahrain, year-on-year, zero operating profit growth was recorded, according to the statement.
Shaikh Hamad Bin Abdullah Al Khalifa, Batelco chairman, said: "In spite of price reductions for products and services, arising from competition, regulation, and new broadband, telephony and mobile services, Batelco continues to grow in the Kingdom and the Middle East."
|
