Company description
Saudi Telecom Company (STC) reported the organizations between time budgetary outcomes for the period finishing at 31 March 2017 STC assemble net pay for the first quarter of 2017 expanded 5.4% contrasted with the similar quarter a year ago and grew to 21.3% compared with the quick earlier quarter. Profit Per share for the first quarter developed to achieve SR 1.26 compared to SR 1.20 for the practically same quarter a year ago.
As per the endorsed benefit approach for a long time beginning with the fourth quarter 2015 which was reported on 11 November 2015, and have been sanctioned amid the General Assembly Meeting on April fourth 2016, STC will disperse an aggregate of SR 2,000 million in real money profit for Q1 2017, speaking to SR 1 for every offer.
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