Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Mobily posts SR25.19bn annual revenue  Join our daily free Newsletter

MENAFN - Arab News - 16/01/2014
No. of Ratings : 0
Add to Mixx!


(MenaFn - Arab News) Revenues for the 12-month period ended Dec. 31, 2013 recorded SR25.19 billion compared to SR23.59 billion for the same period of the previous year, an increase of 7 percent, according to Etihad Etisalat Company"s (Mobily"s)annual consolidated financial results for the period ending Dec. 31, 2013. Announcing the results, the company said its revenues of the fourth quarter of 2013 amounted to 7.20 billion compared to SR6.43 billion for the previous quarter, an increase of 12 percent, and compared to SR6.76 billion for the fourth quarter of the previous year, an increase of 7 percent. The gross profit margin increased during the 12-month period to 51 percent, an increase that can be attributed to the improved quality and mix of revenues. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased during the 12-month period to SR9.19 billion compared to SR8.53 billion for the same period of the previous year. The net profit for the 12-month period amounted to SR6.68 billion compared to SR6.02 billion for the same period of the previous year, an increase of 11 percent (SR2.04 billion net profits for the fourth quarter against SR1.69 billion for the previous quarter, an increase of 21 percent, and against SR1.88 billion for the same period of the previous year, an increase of 9 percent
Earnings per share for the 12-month period amounted to SR8.67 compared to SR7.82 for the same period of the previous year, an increase of 11 percent
Earnings per share from operating income and from net income for the year is calculated by dividing operating income and net income for the period by the weighted average for the outstanding number of ordinary shares amounting to 770 million shares as at Dec. 31, 2013 and 2012

Earnings per share from income from main operations and from net income for the year ended Dec. 31, 2012 have been recalculated retroactively based on the new number of shares to reflect the increase in share capital amounting to SR700 million
Revenues from data recorded 28 percent of the total revenues of the company during the 12-month period, driven by the higher revenues of fiber-optic and mobile broadband networks and they are expected to exceed 32 percent of the total revenues in 2014
In this regard, Mobily has completed linking more than 530,000 residential units to its fiber-optic network and it aims to link a total 1.2 million units by the end of 2014
Revenues from the business sector increased during the 12-month period by 23 percent compared to the corresponding period of the previous year, backed by a remarkable rise in the revenues of hosting and managed services, which constitute an integral part of the integrated ICT solutions; in addition to the increase in revenues from transmission and interconnection links
The business sector revenues contribution to the company's total revenues recorded a rate of 8 percent, excluding revenues from equipment and small offices/home offices (SoHo)

 


Arab News




  MENA News Headlines
 Mar 23 2017 - Ripple - Instant, certain, low-cost cross-border payments.MENAFN Press
(MENAFN Editorial) iCrowdNewswire - Mar 23, 2017 Ripple Instant, certain, low-cost cross-border payments. San Francisco Digital Currency · Financial Services · Finance ...

 Mar 24 2017 - Argentinas Knee Reconstruction Industry To Propagate With Advancement In Technology: Ken ResearchMENAFN Press
(MENAFN Editorial)Ken Research has announced publication titled, “Argentina Knee Reconstruction Market Outlook to 2022” which offers key market data on Argentina’s Knee Reconstruction market with the ...

 Mar 24 2017 - Voltage Stabilizer System Market - Building Automation Shows Steady Growth as Consumers Seek SafetyMENAFN Press
(MENAFN Editorial)Global Voltage Stabilizer Systems Market: Snapshot A voltage stabilizer is used for ensuring a steady level of voltage automatically for various electrical gadgets to prevent ...

 Mar 24 2017 - Connectivity Constraint Computing Market - Ecosystem and Healthcare Management to Top Demand in Global CCC MarketMENAFN Press
(MENAFN Editorial)Global Connectivity Constraint Computing Market: Snapshot The leading factor driving the global connectivity constraint computing market currently is the scope of eliminating ...

 Mar 24 2017 - Repository Prospects of the Global Hair Dryer Industry: Ken ResearchMENAFN Press
(MENAFN Editorial)Ken Research has announced latest publication on growth estimates of Hair Dryer Industry in the global market named as, “Global Hair dryer Industry Situation and Prospects Research ...

 Mar 23 2017 - Blend Anything, Extract Everything With Kenwood's PurejuiceMENAFN Press
(MENAFN Editorial) The new range of slow press juicers is the first step towards Fresh Thinking Dubai, UAE, March 23, 2017: Making your own juice is a healthy choice. So it makes sense to ...

 Mar 23 2017 - HEC Paris in Qatar welcomes Executive MBA Class of 2018MENAFN Press
(MENAFN Editorial) Doha, Qatar March 23, 2017: HEC Paris, one of the world's top three providers of Executive Education programs, has officially welcomed its latest batch of participants for the ...

 Mar 23 2017 - Top Talents Honoured at MENA Digital Awards 2017MENAFN Press
(MENAFN Editorial) IMPACT BBDO Dubai awarded Agency of the Year and BBDO Worldwide named Network of the Year Dubai, United Arab Emirates March 23, 2017: The world's foremost digital advocates ...

 Mar 23 2017 - New services in Metrash 2MENAFN Press
(MENAFN Editorial) Dubai, UAE, March 23, 2017: The Ministry of Interior added two more new e-services to its mobile app Metrash 2 and the website of the Ministry, thanks to the commitment of the ...

 Mar 23 2017 - Celebrate the start of the spring with Lexus Select EventMENAFN Press
(MENAFN Editorial) Exclusive offers on a large Lexus line-up Dubai, UAE, March 23, 2017: Al-Futtaim Motors, leader in sustainable mobility and exclusive distributor of Lexus in the UAE, ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help