Wataniya Q2 net profit rises 140 percent
The telecom operator's Q2 net profit touched...
August 15, 2009 6:52 by Aarti Nagraj
Kuwait’s National Mobile Telecommunications (Wataniya) posted a second-quarter net profit rise of KWD63.5 million, up 140 percent from the same period last year. In the first quarter, Wataniya posted a 4.4 percent fall in net profit to KWD15.3 million, compared with the same period in 2008.
Zain, Kuwait’s biggest mobile telephone operator, posted a second quarter net profit of KWD78.8 million last month, a 5.5 percent rise compared with 2008.