STC’s net income for Q1 2020 up by 5.93%

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Mon, 2020-04-27 03:45

•    The Saudi Telecom Company (STC) has announced the company’s preliminary financial results for the period ending March 31, 2020. The highlights include:
•    The revenues for the first quarter reached SR13,935 million with an increase of 4.1 percent compared to the corresponding quarter last year.
•    The gross profit for the first quarter reached SR8,196 million with an increase of 3.71 percent compared to the corresponding quarter last year.

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