Reported Earnings • May 01
First quarter 2026 earnings released: EPS: ر.ق0.31 (vs ر.ق0.30 in 1Q 2025) First quarter 2026 results: EPS: ر.ق0.31 (up from ر.ق0.30 in 1Q 2025). Revenue: ر.ق6.24b (up 5.4% from 1Q 2025). Net income: ر.ق1.01b (up 4.7% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Announcement • Apr 21
Ooredoo Q.P.S.C. to Report Q1, 2026 Results on Apr 29, 2026 Ooredoo Q.P.S.C. announced that they will report Q1, 2026 results on Apr 29, 2026 Upcoming Dividend • Feb 27
Upcoming dividend of ر.ق0.75 per share Eligible shareholders must have bought the stock before 06 March 2026. Payment date: 13 April 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Emirian dividend payers (6.3%). In line with average of industry peers (5.0%). Announcement • Feb 17
Ooredoo Fibre Networks Announces Appointment of Khalid Hassan Al-Hamadi as CEO, Effective February 15, 2026 Ooredoo Group announced the formation of Ooredoo Fibre Networks (OFN), and the appointment of Khalid Hassan Al-Hamadi as its Chief Executive Officer, effective from 15 February 2026. The carve-out process is expected to be completed by 2027. Khalid Hassan Al-Hamadi brings deep operational and strategic leadership experience across Ooredoo’s footprint. Most recently, he served as Managing Director and CEO of Ooredoo Maldives since February 2022, following a long career within Ooredoo Qatar where he held senior leadership roles across consumer sales and strategic planning. Under his leadership, Ooredoo Maldives accelerated its digital transformation agenda, expanding 5G coverage to approximately 80% of the population, extending broadband connectivity to additional islands, and deploying a new submarine cable to strengthen international connectivity. The company also achieved record performance in total revenue and net profit during his tenure. These initiatives reinforced the company’s market position and earned global recognition, including a Guinness World Record for hosting the largest underwater panel discussion. He also brings more than 15 years of experience in the oil and gas sector, including leadership roles at Qatargas and General Electric, with recognised expertise in operational excellence, transformation delivery, and the execution of large-scale, capital-intensive infrastructure projects. Declared Dividend • Feb 13
Dividend of ر.ق0.75 announced Shareholders will receive a dividend of ر.ق0.75. Ex-date: 6th March 2026 Payment date: 13th April 2026 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 12
Ooredoo Q.P.S.C. announces Annual dividend, payable on March 09, 2026 Ooredoo Q.P.S.C. announced Annual dividend of QAR 0.7500 per share payable on March 09, 2026, ex-date on March 09, 2026 and record date on March 08, 2026. Announcement • Feb 11
Ooredoo Q.P.S.C., Annual General Meeting, Mar 08, 2026 Ooredoo Q.P.S.C., Annual General Meeting, Mar 08, 2026, at 21:30 Arab Standard Time. Location: al mukhtasar ballroom, at the ritz carlton doha hotel, Qatar Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: ر.ق1.21 (vs ر.ق1.07 in FY 2024) Full year 2025 results: EPS: ر.ق1.21 (up from ر.ق1.07 in FY 2024). Revenue: ر.ق24.7b (up 4.0% from FY 2024). Net income: ر.ق3.86b (up 13% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 26
Ooredoo Q.P.S.C. to Report Fiscal Year 2025 Results on Feb 09, 2026 Ooredoo Q.P.S.C. announced that they will report fiscal year 2025 results on Feb 09, 2026 Announcement • Jan 09
Ooredoo Q.P.S.C. Announces CEO Changes Ooredoo Q.P.S.C. has announced the appointment of Eyas Assaf as CEO of Ooredoo Tunisia, effective from January 10, 2026, succeeding Mansoor Rashid Al Khater, whose tenure will end on January 9, 2026. Eyas Assaf brings over 30 years of global and regional experience to the role. He joined Ooredoo Group in 2022 and most recently served as Deputy Group Chief Financial Officer, playing a key role in financial strategy and transformation. He previously held CFO roles at Indosat Ooredoo, Ooredoo Algeria, and Asiacell Iraq. He holds a Bachelor of Science in Accounting from Jordan and is a Certified Public Accountant (CPA) in the United States. Since joining Ooredoo in 2009, Mansoor held senior leadership roles including Chief Strategy Officer at Ooredoo Qatar and Group Chief Strategy Officer, where he played a key role in shaping the company’s long-term vision and performance agenda. In 2019, he was appointed CEO of Ooredoo Tunisia, where he led a wide-reaching transformation - accelerating digital innovation, championing 5G deployment, and significantly enhancing customer experience. Under his leadership, the company earned international recognition and was named “Service Client de l’Année” six years in a row. Announcement • Oct 15
Ooredoo Q.P.S.C. to Report Q3, 2025 Results on Oct 29, 2025 Ooredoo Q.P.S.C. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Sep 18
Certain funds managed by Fiera Capital (UK) Limited acquired 6% stake in MEEZA QSTP LLC (Public) (DSM:MEZA) from Ooredoo Q.P.S.C. (DSM:ORDS). Certain funds managed by Fiera Capital (UK) Limited acquired 6% stake in MEEZA QSTP LLC (Public) (DSM:MEZA) from Ooredoo Q.P.S.C. (DSM:ORDS) on September 18, 2025. Following the completion of the transaction, Ooredoo retains a 4% stake in Meeza, this is considered a non-strategic holding and is intended to be divested at a later stage.
Certain funds managed by Fiera Capital (UK) Limited completed the acquisition of 6% stake in MEEZA QSTP LLC (Public) (DSM:MEZA) from Ooredoo Q.P.S.C. (DSM:ORDS) on September 18, 2025. New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.6% average weekly change). Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: ر.ق0.31 (vs ر.ق0.30 in 2Q 2024) Second quarter 2025 results: EPS: ر.ق0.31 (up from ر.ق0.30 in 2Q 2024). Revenue: ر.ق6.08b (up 2.2% from 2Q 2024). Net income: ر.ق988.0m (up 3.1% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 18
Ooredoo Q.P.S.C. to Report First Half, 2025 Results on Jul 30, 2025 Ooredoo Q.P.S.C. announced that they will report first half, 2025 results on Jul 30, 2025 Reported Earnings • May 01
First quarter 2025 earnings released: EPS: ر.ق0.30 (vs ر.ق0.28 in 1Q 2024) First quarter 2025 results: EPS: ر.ق0.30 (up from ر.ق0.28 in 1Q 2024). Revenue: ر.ق5.92b (flat on 1Q 2024). Net income: ر.ق960.0m (up 5.2% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year. Announcement • Apr 21
Ooredoo Q.P.S.C. to Report Q1, 2025 Results on Apr 30, 2025 Ooredoo Q.P.S.C. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Mar 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Announcement • Mar 12
Ooredoo Q.P.S.C. Approves the Cash Dividend for the Year 2024, Payable on 11 April 2025 Ooredoo Q.P.S.C. held its Annual General Meeting on March 11, 2025. During the Meeting, shareholders approved the recommendation of the Board of Directors to distribute a cash dividend of 65% and Amount of AED 2,098,374,000 for the year 2024. Payment Date is 11 April 2025, Shareholders' registry closing date is 11 March 2025 and Last Entitlement date is 11 March 2025. Announcement • Mar 04
Ooredoo Q.P.S.C. Announces CEO Changes of Ooredoo Oman Ooredoo Q.P.S.C has announced the appointment of Saoud Hamad Al Riyami as Acting CEO of Ooredoo Oman, effective from 27 February 2025, succeeding Bassam Yousef Al Ibrahim following the completion of his tenure. Saoud, currently Ooredoo Oman’s Chief Business and Wholesale Officer, will serve as the company’s Acting CEO until a permanent appointment is made. He joined Ooredoo Oman in 2009, holding several key positions, including Head of Business Sales and Director of Business Sales and ICT Solutions, before being appointed Chief Business and Wholesale Officer. With over 18 years of experience, he holds a Bachelor’s degree in Education from Sultan Qaboos University and an ILM Diploma in Leadership. Declared Dividend • Feb 13
Dividend of ر.ق0.65 announced Shareholders will receive a dividend of ر.ق0.65. Ex-date: 10th March 2025 Payment date: 1st January 1970 Dividend yield will be 5.5%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 9.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 12
Ooredoo Q.P.S.C., Annual General Meeting, Mar 11, 2025 Ooredoo Q.P.S.C., Annual General Meeting, Mar 11, 2025, at 10:00 Arab Standard Time. Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: ر.ق1.07 (vs ر.ق0.94 in FY 2023) Full year 2024 results: EPS: ر.ق1.07 (up from ر.ق0.94 in FY 2023). Revenue: ر.ق23.8b (up 2.1% from FY 2023). Net income: ر.ق3.44b (up 14% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Jan 24
Ooredoo Q.P.S.C. to Report Fiscal Year 2024 Results on Feb 10, 2025 Ooredoo Q.P.S.C. announced that they will report fiscal year 2024 results on Feb 10, 2025 Announcement • Dec 18
Ooredoo Group Announces Executive Changes Ooredoo Group has announced the appointment of Sheikh Nasser Bin Hamad Bin Nasser Al Thani as Group Regional CEO for the Middle East from 16 December and scrapped the roles of group chief corporate affairs officer and deputy group CEO. The new structure introduces two group regional CEO positions. Nasser will oversee operations in Kuwait, Oman and Iraq, while current group regional CEO for North Africa and Asia, Ahmad Abdulaziz Al Neama, will continue to oversee operations in Tunisia, Algeria, Indonesia, Maldives and Palestine. Buy Or Sell Opportunity • Dec 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to د.إ10.76. The fair value is estimated to be د.إ13.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: ر.ق0.33 (vs ر.ق0.27 in 3Q 2023) Third quarter 2024 results: EPS: ر.ق0.33 (up from ر.ق0.27 in 3Q 2023). Revenue: ر.ق5.91b (flat on 3Q 2023). Net income: ر.ق1.05b (up 21% from 3Q 2023). Profit margin: 18% (up from 15% in 3Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Oct 16
Ooredoo Q.P.S.C. to Report Q3, 2024 Results on Oct 30, 2024 Ooredoo Q.P.S.C. announced that they will report Q3, 2024 results on Oct 30, 2024 Board Change • Oct 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Director Mohammed Al Suwaidi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: ر.ق0.30 (vs ر.ق0.26 in 2Q 2023) Second quarter 2024 results: EPS: ر.ق0.30 (up from ر.ق0.26 in 2Q 2023). Revenue: ر.ق5.96b (up 2.0% from 2Q 2023). Net income: ر.ق958.5m (up 15% from 2Q 2023). Profit margin: 16% (up from 14% in 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Jul 18
Ooredoo Q.P.S.C. to Report First Half, 2024 Results on Jul 30, 2024 Ooredoo Q.P.S.C. announced that they will report first half, 2024 results on Jul 30, 2024 Announcement • Jun 06
Ooredoo Group Appoints Sunita Bottse as CEO of Mena Digital Hub Ooredoo Group has announced the appointment of Sunita Bottse as the CEO for Mena Digital Hub, effective from May 26, 2024. Bottse joins Mena Digital Hub with an extensive background in the data centre industry. Previously serving as the Senior Director of Data Centres Site Acquisition (EMEA) at Microsoft, she brings a wealth of experience and expertise. Certified Data Centre Professional She is a Certified Data Centre Professional and Specialist and has held significant roles including Managing Director of Data Centres (APAC) at Lendlease, CEO of SUPERNAP, and VP of Ctex, the first Tier IV certified data centre in the LATAM region. Bottse has been recognised with numerous prestigious awards, including the Women in Tech – Global Movement's 2022 Global Leadership Award, and has been listed twice in APAC's 50 most influential Data Centre and Cloud leaders by BroadGroup (DataEconomy). Reported Earnings • May 01
First quarter 2024 earnings released: EPS: ر.ق0.29 (vs ر.ق0.30 in 1Q 2023) First quarter 2024 results: EPS: ر.ق0.29 (down from ر.ق0.30 in 1Q 2023). Revenue: ر.ق5.94b (down 4.1% from 1Q 2023). Net income: ر.ق912.9m (down 5.0% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Ooredoo Q.P.S.C. to Report Q1, 2024 Results on Apr 30, 2024 Ooredoo Q.P.S.C. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Apr 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Buy Or Sell Opportunity • Feb 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to د.إ10.90. The fair value is estimated to be د.إ9.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 6.9% per annum over the same time period. Announcement • Feb 13
Ooredoo Q.P.S.C., Annual General Meeting, Mar 06, 2024 Ooredoo Q.P.S.C., Annual General Meeting, Mar 06, 2024, at 15:30 Coordinated Universal Time. Agenda: To consider and approve the company's financial statements for the year ended 31December 2023; to Approve the sale of a Portion of the Company Assets; to consider the Board of Directors' recommendations regarding the distribution of dividends for the year 2023; to consider appointment of the external auditor for the year 2024 and determining its fee; and to transact other business. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: ر.ق0.94 (vs ر.ق0.74 in FY 2022) Full year 2023 results: EPS: ر.ق0.94 (up from ر.ق0.74 in FY 2022). Revenue: ر.ق23.8b (up 4.3% from FY 2022). Net income: ر.ق3.02b (up 28% from FY 2022). Profit margin: 13% (up from 10% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. Director Saud Bin Al Thani was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 29
Ooredoo Q.P.S.C. to Report Fiscal Year 2023 Results on Feb 12, 2024 Ooredoo Q.P.S.C. announced that they will report fiscal year 2023 results on Feb 12, 2024 Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: ر.ق0.27 (vs ر.ق0.18 in 3Q 2022) Third quarter 2023 results: EPS: ر.ق0.27 (up from ر.ق0.18 in 3Q 2022). Revenue: ر.ق5.85b (flat on 3Q 2022). Net income: ر.ق869.4m (up 52% from 3Q 2022). Profit margin: 15% (up from 9.8% in 3Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Ooredoo Q.P.S.C. Appoints Roni Tohme as Chief Executive Officer of Ooredoo Algeria Ooredoo Q.P.S.C. has announced the appointment of Roni Tohme as the new Chief Executive Officer of Ooredoo Algeria, effective 1 August 2023, after a successful interim period as the company's Acting CEO. Roni brings over 21 years of experience in telecoms and finance to his new role, having previously served as Ooredoo Algeria's Chief Financial Officer (CFO). During his tenure as CFO, he played a vital role in shaping an agile and lean finance department, highly contributing to the company's business transformation. He has also successfully implemented cost efficiency programmes that significantly improved profitability. He was appointed as Ooredoo Algeria's Acting CEO - succeeding Bassam Al Ibrahim in February 2023. Prior to joining Ooredoo, Roni held positions in prominent companies across Africa and Asia - including Areeba, Africell, MTN, Airtel and Axiata Group gaining expertise in Mergers and Acquisitions, Towerco and business transformation. He holds a Bachelor's degree in Finance and Business Administration from the American University of Beirut, and a Master's degree in Finance and Business Management from Walden University, USA. New Risk • Jul 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 238% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: ر.ق0.26 (vs ر.ق0.26 in 2Q 2022) Second quarter 2023 results: EPS: ر.ق0.26 (up from ر.ق0.26 in 2Q 2022). Revenue: ر.ق5.77b (up 3.5% from 2Q 2022). Net income: ر.ق834.0m (up 2.3% from 2Q 2022). Profit margin: 14% (in line with 2Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • May 04
First quarter 2023 earnings released: EPS: ر.ق0.30 (vs ر.ق0.21 in 1Q 2022) First quarter 2023 results: EPS: ر.ق0.30 (up from ر.ق0.21 in 1Q 2022). Revenue: ر.ق6.19b (up 11% from 1Q 2022). Net income: ر.ق960.6m (up 46% from 1Q 2022). Profit margin: 16% (up from 12% in 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Ooredoo Q.P.S.C., Annual General Meeting, Mar 07, 2023 Ooredoo Q.P.S.C., Annual General Meeting, Mar 07, 2023, at 15:30 Coordinated Universal Time. Location: Ooredoo Main Head Quarters in West Bay Doha Qatar Agenda: To consider and approve the Board's report for the year ended 31st December 2022 and discussing the company's future business plans; to discuss the Corporate Governance Report for the year 2022; to consider the External Auditor's report for the year ended 31st December 2022; to discuss and approve the company's financial statements for the year ended 31 December 2022; to discuss and approve the Compliance report of the QFMA corporate governance & Internal Control over Financials Reporting report for the year ended 31st December 2022; to discuss and approve the Board of Directors' recommendations regarding the distribution of dividends for the year 2022; and to consider other matters. Reported Earnings • Feb 14
Full year 2022 earnings released: EPS: ر.ق0.74 (vs ر.ق0.015 in FY 2021) Full year 2022 results: EPS: ر.ق0.74 (up from ر.ق0.015 in FY 2021). Revenue: ر.ق22.9b (down 24% from FY 2021). Net income: ر.ق2.36b (up ر.ق2.31b from FY 2021). Profit margin: 10% (up from 0.2% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Announcement • Feb 14
Ooredoo Q.P.S.C. Recommends the Distribution of Cash Dividend Ooredoo Q.P.S.C. recommended the distribution of a cash dividend of QAR 0.43 per share. This recommendation is based on healthy balance sheet, adequate liquidity, and overall solid operational performance. Announcement • Jan 31
Ooredoo Q.P.S.C. to Report Fiscal Year 2022 Results on Feb 13, 2023 Ooredoo Q.P.S.C. announced that they will report fiscal year 2022 results at 10:30 AM, Coordinated Universal Time on Feb 13, 2023 Buying Opportunity • Jan 17
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be د.إ11.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.8% per annum. Earnings is also forecast to grow by 1.1% per annum over the same time period. Announcement • Jan 09
Ooredoo Q.P.S.C Announces Executive Appointments for Ooredoo Qatar Ooredoo Q.P.S.C. has announced the appointment of Sheikh Ali Bin Jabor Al Thani as the Chief Executive Officer of Ooredoo Qatar. Sheikh Ali moves to Ooredoo Qatar from his most recent role as Chief Legal, Regulatory & Governance Officer at Ooredoo Group, and brings to his new role several years' experience of senior leadership responsibilities across Ooredoo Qatar and Ooredoo Group since joining the company in 2013. Sheikh Mohammed Bin Abdulla Al Thani will end his secondment in the role of CEO at Ooredoo Qatar and will be fully dedicated to his role as Deputy Group CEO at Ooredoo Group, with responsibility for Group management and operations. A particular highlight of his tenure was the tremendous success of FIFA World Cup Qatar 2022TM, for which Sheikh Mohammed is to be commended for his invaluable leadership. With Sheikh Mohammed at the helm, major partnerships were signed to ensure the creation of the best FIFA World CupTM yet, with records being set for data traffic and calls and the most enhanced fan experience ever seen. Further C-suite appointments include the confirmation of Sheikh Nasser Bin Hamad Bin Nasser Al Thani - previously Chief Commercial Officer at Ooredoo Qatar - as Chief Corporate Affairs Officer at Ooredoo Group, and Dr Hamad Yahya Al Nuaimi as Group Chief Board Affairs Officer, moving from his previous role as Chief Corporate Affairs Officer at Ooredoo Group. Ooredoo Q.P.S.C. has announced the appointment of Sheikh Ali Bin Jabor Al Thani as the Chief Executive Officer of Ooredoo Qatar. Sheikh Ali moves to Ooredoo Qatar from his most recent role as Chief Legal, Regulatory & Governance Officer at Ooredoo Group, and brings to his new role several years' experience of senior leadership responsibilities across Ooredoo Qatar and Ooredoo Group since joining the company in 2013. Sheikh Mohammed Bin Abdulla Al Thani will end his secondment in the role of CEO at Ooredoo Qatar and will be fully dedicated to his role as Deputy Group CEO at Ooredoo Group, with responsibility for Group management and operations. A particular highlight of his tenure was the tremendous success of FIFA World Cup Qatar 2022, for which Sheikh Mohammed is to be commended for his invaluable leadership. With Sheikh Mohammed at the helm, major partnerships were signed to ensure the creation of the best FIFA World CupTM yet, with records being set for data traffic and calls and the most enhanced fan experience ever seen. Further C-suite appointments include the confirmation of Sheikh Nasser Bin Hamad Bin Nasser Al Thani - previously Chief Commercial Officer at Ooredoo Qatar - as Chief Corporate Affairs Officer at Ooredoo Group, and Dr Hamad Yahya Al Nuaimi as Group Chief Board Affairs Officer, moving from his previous role as Chief Corporate Affairs Officer at Ooredoo Group. As CEO of Ooredoo Qatar, Sheikh Ali Bin Jabor Al Thani will build on the strong foundations put in place by his predecessors and enable it to continue to innovate and drive value creation in its home market. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chief Commercial Officer of Ooredoo Qatar & Director Sheikh Nasser Bin Hamad Bin Al-Thani was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: ر.ق0.18 (vs ر.ق0.061 in 3Q 2021) Third quarter 2022 results: EPS: ر.ق0.18 (up from ر.ق0.061 in 3Q 2021). Revenue: ر.ق5.87b (down 23% from 3Q 2021). Net income: ر.ق574.0m (up 192% from 3Q 2021). Profit margin: 9.8% (up from 2.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Oct 19
Ooredoo Q.P.S.C. Announces Executive Changes Ooredoo Group has appointed Htar Thant Zin as acting CEO for Ooredoo Myanmar. Htar Thant Zin will replace present CEO Rajeev Sethi, who is resigning for personal reasons. Announcement • Oct 17
Ooredoo Q.P.S.C. to Report Q3, 2022 Results on Oct 26, 2022 Ooredoo Q.P.S.C. announced that they will report Q3, 2022 results on Oct 26, 2022 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 21% share price gain to د.إ9.19, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 46% over the past three years. Announcement • Sep 09
Link Family Office and U Nyan Win has entered into a definitive agreement to acquire Ooredoo Asian Investments Pte Ltd. from Ooredoo Q.P.S.C. (DSM:ORDS) for approximately $160 million. Link Family Office and U Nyan Win has entered into a definitive agreement to acquire Ooredoo Asian Investments Pte Ltd. from Ooredoo Q.P.S.C. (DSM:ORDS) for approximately $160 million on September 8, 2022. The deal has an enterprise value of $576 million. The acquisition has an enterprise value of approximately $576 million and total equity consideration of $162 million. The transaction has been approved by the board of directors of Ooredoo and of Nine Communications Pte. Ltd, and remains subject to customary closing conditions, including regulatory approvals in Myanmar. Ernst & Young UK, Investment Banking Arm acted as financial advisor to Ooredoo Q.P.S.C. (DSM:ORDS). CMS acted as legal advisor to Ooredoo Q.P.S.C. (DSM:ORDS). Announcement • Sep 07
Ooredoo Reportedly to Sell Myanmar Unit to The One Matrix Ventures Ooredoo Q.P.S.C. (DSM:ORDS) plans to sell its Myanmar operations to The One Matrix Ventures (TOMV), according to three people with direct knowledge of the matter. Ooredoo is the last majority foreign-owned telecoms company in Myanmar since a rush to exit after last year's military coup. Norway's Telenor withdrew from the country in March this year in a departure mired in difficulty. The sources said that TOMV is in talks with several potential partners in Myanmar to join the deal to help secure regulatory approval, without providing further details. One of the sources said that Doha-based Ooredoo had informed Myanmar's Posts and Telecommunications Department (PTD), the country's regulator, of its intention to sell its operations to Myo Myint Ohn but not yet asked for official approval. Announcement • Jul 22
Ooredoo Reportedly in Talks to Sell its Myanmar Unit Ooredoo Q.P.S.C. (DSM:ORDS) is in talks to sell its Myanmar unit in what would mark the exit of the country’s last foreign telecoms operator, two people familiar with the matter told Reuters. The people said Ooredoo has informed Myanmar’s Posts and Telecommunications Department (PTD), the country’s regulator, of its intention to sell a unit that was Myanmar’s third-biggest operator with nearly 15 million users in 2020, before the industry was disrupted by February 2021’s military coup. The main potential buyers for the company include Young Investment Group Company Limited, Campana Group Private Limited, and SkyNet Telecom, LLC, one person with direct knowledge of the matter told Reuters. The people said talks with the three suitors have not yet reached final stages. Ooredoo did not immediately respond to emailed requests for comment. Calls to a spokesman for the Myanmar junta, to the PTD, Skynet and Young Investment Group were not answered. Campana Group said it had no immediate comment. The sources, who declined to be named due to confidentiality constraints, did not put a value on the size of the potential sale. Announcement • Jul 19
Ooredoo Q.P.S.C. to Report Q2, 2022 Results on Jul 27, 2022 Ooredoo Q.P.S.C. announced that they will report Q2, 2022 results on Jul 27, 2022 Reported Earnings • May 01
First quarter 2022 earnings released: EPS: ر.ق0.21 (vs ر.ق0.06 in 1Q 2021) First quarter 2022 results: EPS: ر.ق0.21 (up from ر.ق0.06 in 1Q 2021). Revenue: ر.ق5.57b (down 23% from 1Q 2021). Net income: ر.ق659.1m (up 241% from 1Q 2021). Profit margin: 12% (up from 2.7% in 1Q 2021). Over the next year, revenue is expected to shrink by 21% compared to a 4.1% growth forecast for the industry in United Arab Emirates. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chief Commercial Officer of Ooredoo Qatar & Director Sheikh Nasser Bin Hamad Bin Al-Thani was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
Ooredoo Q.P.S.C. to Report Q1, 2022 Results on Apr 27, 2022 Ooredoo Q.P.S.C. announced that they will report Q1, 2022 results on Apr 27, 2022 Announcement • Mar 10
Ooredoo Q.P.S.C. Approves Distribution of Dividend Ooredoo Q.P.S.C. announced that during the Annual General Meeting on 8 March 2022, shareholders approved the recommendation of the Board of Directors to distribute a cash dividend of QAR 0.30 per share. Upcoming Dividend • Feb 28
Upcoming dividend of ر.ق0.30 per share Eligible shareholders must have bought the stock before 07 March 2022. Payment date: 01 April 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Emirian dividend payers (6.0%). Lower than average of industry peers (3.7%). Announcement • Feb 17
Ooredoo Q.P.S.C., Annual General Meeting, Mar 08, 2022 Ooredoo Q.P.S.C., Annual General Meeting, Mar 08, 2022, at 12:30 Coordinated Universal Time. Location: Ooredoo Main Head Quarters West Bay Abu Dhabi United Arab Emirates Agenda: To consider hearing and approving the Board's report for the year ended 31st December 2021 and discussing the company's future business plans; to discuss the Corporate Governance Report for the year 2021; to consider hearing the External Auditor's report for the year ended 31st December 2021; to discuss and approve the company's financial statements for the year ended 31st December 2021; to discuss and approve the Compliance report of the QFMA corporate governance & Internal Control over Financials Reporting report for the year ended 31st December 2021; to discuss and approve the Board of Directors' recommendations regarding the distribution of dividends for the year 2021; to Discharge the members of the Board from liabilities and determining their remuneration for the year ended 31st December 2021; to appoint the external auditor for the year 2022 and determining its fee; to consider Approval of the amendments of the Company's Articles of Association; and to consider other matters. Announcement • Feb 15
Ooredoo Q.P.S.C. Recommend Distribution for 2021 Ooredoo Q.P.S.C. announce that the Board will recommend the distribution of a cash dividend of QAR 0.30 per share at the annual general meeting, taking place on 8 March 2022. Reported Earnings • Feb 15
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: ر.ق0.01 (down from ر.ق0.35 in FY 2020). Revenue: ر.ق30.4b (up 5.3% from FY 2020). Net income: ر.ق46.9m (down 96% from FY 2020). Profit margin: 0.2% (down from 3.9% in FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is expected to shrink by 15% compared to a 4.0% growth forecast for the industry in United Arab Emirates. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Feb 05
Ooredoo Appoints Khalid Hassan Al-Hamadi as CEO of Maldives Operations Ooredoo has appointed Khalid Hassan Al-Hamadi as CEO of Ooredoo Maldives, effective immediately. He willsucceed Najib Khan, who has served as CEO of Ooredoo Maldives for the past five years. Al-Hamadi joined OoredooQatar in 2010, where he most recently served as senior director of consumer sales. He was also a board memberof Ooredoo Maldives from 2017 to 2021. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS ر.ق0.06 (vs ر.ق0.20 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ر.ق7.66b (up 4.9% from 3Q 2020). Net income: ر.ق196.6m (down 70% from 3Q 2020). Profit margin: 2.6% (down from 8.9% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2021 earnings released: ر.ق0.36 loss per share (vs ر.ق0.14 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ر.ق7.31b (up 7.2% from 2Q 2020). Net loss: ر.ق1.15b (down 366% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • Jul 15
Group Chief Commercial Officer Andrew Tor Kvalseth has left the company On the 15th of July, Andrew Tor Kvalseth's tenure as Group Chief Commercial Officer ended after 2.9 years in the role. We don't have any record of a personal shareholding under Andrew Tor's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 01
First quarter 2021 earnings released: EPS ر.ق0.06 (vs ر.ق0.12 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.ق7.20b (down 1.3% from 1Q 2020). Net income: ر.ق390.8m (up 1.0% from 1Q 2020). Profit margin: 5.4% (up from 5.3% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Executive Departure • Mar 17
Acting Group Chief Human Resources Officer has left the company On the 8th of March, Maryam Al-Nasr's tenure as Acting Group Chief Human Resources Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Maryam's name. A total of 3 executives have left over the last 12 months. Executive Departure • Mar 17
Group Chief Financial Officer has left the company On the 8th of March, Ajay Bahri's tenure as Group Chief Financial Officer ended after 13.4 years in the role. We don't have any record of a personal shareholding under Ajay's name. A total of 3 executives have left over the last 12 months. Announcement • Mar 05
MoneyGram International, Inc. Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership MoneyGram International Inc. announced a five-year extension to its partnership with Ooredoo Qatar. The renewal enables MoneyGram customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet, a virtual account that allows customers to easily deposit, access or withdraw money. As consumer demand for account deposit services and digital options continues to increase, MoneyGram and Ooredoo Qatar are giving consumers the opportunity to send and receive money from the comfort of their own homes, which has been especially important in the last year. Upcoming Dividend • Feb 23
Upcoming Dividend of ر.ق0.25 Per Share Will be paid on the 2nd of April to those who are registered shareholders by the 2nd of March. The trailing yield of 3.3% is below the top quartile of Emirian dividend payers (6.5%), but is in line with industry peers (3.6%). Reported Earnings • Feb 17
Full year 2020 earnings released: EPS ر.ق0.35 (vs ر.ق0.54 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ر.ق28.9b (down 3.5% from FY 2019). Net income: ر.ق1.13b (down 35% from FY 2019). Profit margin: 3.9% (down from 5.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 17
Revenue misses expectations Revenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 2.8%, compared to a 7.5% growth forecast for the Telecom industry in United Arab Emirates. Announcement • Feb 16
Ooredoo Q.P.S.C., Annual General Meeting, Mar 03, 2021 Ooredoo Q.P.S.C., Annual General Meeting, Mar 03, 2021, at 14:30 Coordinated Universal Time. Agenda: To approve the Board's report for the year ended 31st December 2020 and discussing the company's future business plans; to consider the Corporate Governance Report for the year 2020; to consider the External Auditor's report for the year ended 31st December 2020; to consider and approve the Board of Directors' recommendations regarding the distribution of dividends for the year 2020; to consider the Discharging the members of the Board from liabilities and determining their remuneration for the year ended 31st December 2020; to Appoint the external auditor for the year 2021 and determining its fee; and to consider the Election of Board Members. Is New 90 Day High Low • Feb 02
New 90-day high: د.إ7.55 The company is up 20% from its price of د.إ6.30 on 04 November 2020. The Emirian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.إ21.49 per share. Announcement • Jan 15
Ooredoo Q.P.S.C. to Report Fiscal Year 2020 Results on Feb 14, 2021 Ooredoo Q.P.S.C. announced that they will report fiscal year 2020 results on Feb 14, 2021 Announcement • Jan 14
Ooredoo Appoints Saleh Al Manhi as Director of Operations and Maintenance Saleh Al Manhi Ooredoo has appointed Saleh Al Manhi as Director of Operations and Maintenance. Al Manhi has been part of the Ooredoo Family for the last 14 years, as well as an active member of several national technical teams formed by the Telecommunications Regulatory Authority (TRA) and other authorities. Having been heavily involved in the launch of Ooredoo's 4G, fixed wireless and 5G networks, in his new role he is anticipated to continue to drive the company's ambitious network expansion strategy. Is New 90 Day High Low • Jan 14
New 90-day high: د.إ7.41 The company is up 16% from its price of د.إ6.40 on 15 October 2020. The Emirian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.إ20.72 per share. Announcement • Jan 06
Ooredoo Group and Ericsson Sign Five-Year Strategic 5G Agreement Ooredoo Group and Ericsson have signed a global frame agreement for the supply of 5G radio, core and transport products and solutions, as well as related implementation and integration services. The agreement covers all 10 of the Group’s operating companies in Qatar, Indonesia, Algeria, Iraq, Kuwait, Oman, Palestine, Tunisia, Myanmar and Maldives. The agreement covers Ericsson Radio System, including MINI-LINK 6000 products that are capable of 10Gbps, Ericsson Cloud Core, Cloud Infrastructure and Ericsson Cloud Communication solutions. This will enable end-to-end 5G support to digitally transform and modernize Ooredoo’s existing mobile networks across its operating companies. These solutions will also significantly shorten time-to-market for new services and improve Ooredoo’s network performance to meet the growing expectations of consumers and enterprises. Announcement • Dec 30
Ooredoo Q.P.S.C. Enters into an Exclusive and Non-Legally Binding MoU with CK Hutchison Ooredoo Q.P.S.C. has entered into an exclusive and non-legally binding Memorandum of Understanding (MoU) with CK Hutchison Holdings Limited ("CK Hutchison") in relation to a potential transaction to combine their respective telecommunications businesses in Indonesia, PT Indosat Tbk and PT Hutchison 3 Indonesia. The exclusivity period for the MoU is valid until 30 April 2021. Ooredoo is in the early stages of assessing the merits of such a potential transaction. As part of corporate strategy, regularly review strategic priorities and market position across all of operations, and their contribution to the Ooredoo Group. Ooredoo would like to emphasize that no binding agreement in relation to the possible combination has been entered into as at the date of this announcement. The Company will make a further announcement as and when appropriate. Is New 90 Day High Low • Dec 14
New 90-day high: د.إ6.45 The company is up 2.0% from its price of د.إ6.30 on 15 September 2020. The Emirian market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Telecom industry, which is also up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.إ11.90 per share. Is New 90 Day High Low • Nov 16
New 90-day low: د.إ5.99 The company is down 5.0% from its price of د.إ6.30 on 18 August 2020. The Emirian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.إ10.22 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of ر.ق1.93b, up 11% from the prior year. Total revenue was ر.ق29.4b over the last 12 months, largely unchanged from the prior year.