Ooredoo Increases Profit by 9.45% for the First Quarter of 2019

Ooredoo Maldives has made a profit of MVR 162 million in the first quarter of 2019.

Compared to the last quarter of 2018, Ooredoo has managed to increase thier profits by 9.45% in just three months. The company earned a total revenue of MVR 507 million with cost totaling to MVR 238 million in the first quarter of the year.

Ooreedoo Maldives shares are distributed between Wataniya International FZ-LLC who owns 90.5% of the shares, and local shareholders with other 9.5%. In the first quarter of 2019, the shareholders made a dividend of MVR 1.1.

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