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English news

20-Apr-2016

Mobily 1Q2016 earnings beat estimates on better-than-expected cost efficiency

Revenue – SAR3,440 million, -6% Y-o-Y, -1% Q-o-Q; 0% versus EFGe EBITDA margin – 32%, +7.0pp Y-o-Y; +0.5pp Q-o-Q, +1.1pp versus EFGe Net profit – SAR17 million, versus net loss of SAR45 million in 1Q2015; +57% Q-o-Q; versus EFGe

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