Ooredoo Oman 3Q16 earnings increase 25% Y-o-Y to OMR12.7mn, driven by strong top-line growth
Ooredoo Oman released 3Q16 headline figures showing earnings of OMR12.7mn, rising by 25% Y-o-Y and 4% Q-o-Q, driven by decent top-line growth (+6% Y-o-Y; +4% Q-o-Q). EBITDA for the quarter came in at OMR39.5mn, up 10% Y-o-Y and implying an EBITDA margin of 57.2% versus 55.1% last year. (Company disclosure)
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