(MENAFN) Net profit of the Omani Qatari Telecommunications Company SAOG (Nawras) has dropped to USD85.96 million in 2013 compared to USD95.80 million in 2012, recording a 10.5 percent fall, according to Oman Observer
The telecom company's full-year revenue grew by 4.4 percent reaching USD523.01 million compared to USD501.0 million in 2012.
Nawras said: "Improvement in EBITDA for 2013 was driven by revenue growth and lower cost of sales partially offset by higher Opex.
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