Batelco Vision for 2012 and 2013: Business and Financial Outlook
Business and financial outlook for Batelco Group for the last quarter of 2012 and 2013.
imported 2024-03-17 17:43:07
Business and financial outlook for Batelco Group for the last quarter of 2012 and 2013.
Gulf Bank Highlights: Operating profit of KD 91.1M, representing a 11% increase over the previous year. Net Profit of KD 22.4M, against KD 27.4M in the previous year. Precautionary general provisions up by KD 46M to KD 136M.
Batelco seeks enforcement of settlement agreement with Siva Limited.
Batelco keeps its position of a telecom market leader in Bahrain and thus contributes to the telecom market innovation.
Overview of Batelco Group’s overseas operations during the third quarter of 2012. Contributing to overall Group subscriber growth was healthy performance throughout the period from key subsidiaries…
“For us, one strong measure of success has been the growth … in our subscriber base since the start of the year. We’ve seen a 12% growth in customer numbers …, bringing us to 7.4 million users across Batelco Group.”
Batelco Group announces third quarter 2012 profits of BD 43 Million (US$ 114 Million) and 7.4 million customers across six markets.
Société Générale – Cyprus is now using the ICBS software from BML Istisharat, a leader in banking, insurance and ERP software products in Lebanon.
During the second quarter of 2012 BML Istisharat, a leader in banking, insurance and ERP software products, organized several client training sessions for its clients.
Gulf Bank announced its participation in the International Breast Cancer Awareness Month and supports the establishment of the Hayatt Early Detection of Breast Cancer Center in Kuwait.