Oman Telecom to distribute 40pct interim dividend| MENAFN.COM

Saturday, 28 January 2023 10:47 GMT

Oman Telecom to distribute 40pct interim dividend

(MENAFN) Oman Telecommunications Co. (Omantel) confirmed a proposal to pay an interim dividend of 40 percent among shareholders.

Moreover, the board also approved its fiscal results for H1 of this year, which achieved 9 percent growth in net profit to OMR66.8mn.

Meanwhile, whole revenue increased by 5.9 percent to OMR271.6mn for the cited period, up from OMR256.6mn a year ago.

In addition, operating expenses of the firm posted a marginal 2.4 percent increase to OMR77.7mn for the first half of this year.

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