Companies / Bahrain
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Batelco Reports On Positive Results And Future Growth Strategy
April 2006 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Bahrain-based telecoms operator Batelco has reported positive financial results for Q106, against a highly competitive environment, with penetration rates surpassing the 100% mark. The operator reported a 3.5% increase y-o-y in its net profits to BHD23.5mn, while adjusted earnings per share stood at BHD0.19, against BHD0.23 in Q105.