STC 1Q2016 results in line at operating level, but earnings slightly miss on non-operating items
Revenue – SAR12,759 million, +2% Y-o-Y, -4% Q-o-Q, +0% versus EFGe EBITDA margin – 38.9%, -2.5pp Y-o-Y, +5.2pp Q-o-Q, +0.8pp versus EFGe Net income – SAR2,375 million, -5% Y-o-Y, +22% Q-o-Q, -5% versus EFGe Saudi Telecom Compa
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