Ooredoo Group announced Revenue of QAR 14.5 billion for H1 2021

Ooredoo Group announced Revenue of QAR 14.5 billion for H1 2021

Doha, Qatar: Ooredoo ("Ooredoo") - Ticker: ORDS today announced results for the half year ended 30 June 2021. ­ ­ ­ "We had a good first half of the year, with a revenue increase of 3%, as we further progressed our digital strategy, whilst effectively managing our costs and overheads to support the growth of our business across our various markets. Consequently, our EBITDA margin improved to 44%, up from 42% for H1 2020, despite the challenges presented to us due to COVID-19. Our response to the pandemic and our robust strategy enabled us to report solid operational and financial performance. The confidence of our customers resulted in an increase of our customer base by an additional one percent. We continue to focus on providing reliable connectivity and innovative products to our customers and are proud to be leading in this space." , "The positive trend in 2021 is even stronger excluding the FX impact with revenue growth of 5% and EBITDA growth of 10%. Our Net Profit was impacted by an impairment of the operation in Myanmar due to the uncertain political environment. The loss was partially offset by gains from the Indonesian tower sale and leaseback. Excluding