Ooredoo International Finance Limited (OIFL), a subsidiary of Qatar-based Ooredoo, has said it will pay its Global Medium Term Note (GMTN) holder’s interest payment on June 22, 2022.
The company said it will pay Noteholders $9.3 million on the Interest Payment Date falling due on June 22, 2022.
Ooredoo Group reported a revenue of QR 30 billion ($8.23 billion) for the full year ended 31 December 2021, an increase of 4 percent compared to the same period last year, mainly driven by growth in its home market Qatar, Indonesia, and Tunisia.
Group net profit attributable to shareholders stood at QR47m. The 96 percent reduction was mainly due to FX losses and impairments in Myanmar. The negative impact was partly offset by profit from the sale and leaseback of Indosat Ooredoo’s tower assets (QR1,000m). Excluding these one-offs and FX impact, Net Profit had growth of 61 percent.