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Vodafone Qatar total revenue went up 24%

Staff writer |
Vodafone Qatar Q.S.C. announced its financial results for the six months ended 30 September 2014. Total revenue was QR 1,144 million.

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Half-Year Operational Highlights for the six months to 30 September 2014:

1,372,000 mobile customers; this is an increase of 16% compared to September 2013
Total revenue of QR 1,144 million; 24% growth over the same period last year
Mobile average revenue per user (ARPU) increased to 128; this is a 3% year-on year growth
EBITDA achieved QR 295 million for the period; 41% growth year-on-year
EBITDA margins improved 3 percentage points year-on-year to 26%
Distributable Profit increased by 190% year-on-year to reach QR 120 million Net Loss of QR 81m for the period; this is an underlying improvement of 49% compared to the same period last year
The loss per share is QR (0.10) compared with QR (0.19) for the same period last year.

Khalid Bin Thani Al Thani, Vodafone Qatar's Chairman commented, "Vodafone Qatar's revenue for the half-year grew by 24%, driven by a combination of continued customer growth and ARPU performance which resulted in a 41% EBITDA improvement over the same period last year."


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