The financial statements of the National Mobile Telecommunications Company (Ooredoo - Kuwait) showed that the company's profits in the first nine months of this year decreased by 75% on an annual basis.
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according to the company's results for the Kuwaiti Stock Exchange, today, Wednesday, the profits for the period amounted to 5.866 million dinars, compared to profits of 23.479 million dinars in the first nine months of 2019.
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The company said in a statement to the Stock Exchange that the decline in profits during the comparison periods is due to the loss resulting from the current circumstances of the emerging Corona virus (Covid 19).
The company achieved profits of 4.206 million dinars in the third quarter of this year, compared to profits of 6.155 million dinars for the same period in 2019, a decrease of 31.7%. / p>
