Ooredoo Group reports QR22bn revenue for 9 months – The Peninsula Qatar

Ooredoo Group reports QR22bn revenue for 9 months – The Peninsula Qatar

Doha: Ooredoo Group QPSC yesterday reported QR22.1bn revenue for the nine months ended September 30, 2021, representing an increase of 3 percent compared to the same period last year.

The increase was mainly driven by growth in our home market Qatar, Indonesia, and Tunisia. Excluding FX impact, revenue increased by 6 percent.

Group EBITDA for the nine-month period was QR9.9bn with a corresponding EBITDA margin of 45 percent, driven by growth in Indonesia, Kuwait and Algeria. The EBITDA growth rate stood at 7 percent and at 10 percent excluding FX impact.