INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Vodafone Qatar profit up 61%

British telecoms group Vodafone agreed Monday to sell its Hungarian division to local peer 4iG and state-owned holding company Corvinus Zrt.
  • The increase in profit is mainly due to growth in earnings before finance, tax, depreciation and amortization
  • Vodafone Qatar commenced commercial operations in 2009 with a capital of QR 4.277 billion

Vodafone Qatar’s net profit increased by 61.3 percent in the first half of 2022, reaching QR 216 million ($60 million), compared to QR 134 million ($37 million) in the same period in 2021.

The increase in profit, according to a statement issued by the company on Tuesday, is mainly due to growth in earnings before finance, tax, depreciation and amortization.

Vodafone Qatar commenced commercial operations in 2009 with a capital of QR 4.277 billion.