Wednesday, 20 October 2010

Batelco Q3 net profit falls 24 percent | Reuters

Bahrain Telecommunications BTEL.BH (Batelco) posted on Wednesday a 24 percent fall in third-quarter profits due to lower revenues in its home market.

The company said in a statement that net profit in the quarter ended Sept. 30 was 19.3 million dinars ($51.19 million), compared to 25.3 million dinars in the year-earlier quarter. ($1=.3770 dinar)"

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