Latest Threads on News from companies

Ooredoo Q.P.S.C. in Doha, Qatar, has released its condensed consolidated interim financial information for the six-month period ending June 30, 2024.

Ooredoo Q.P.S.C. announced its financial results for the first half of 2024, showing solid commercial and financial performance with a 14% increase in normalized net profit. Key highlights include a 3% rise in revenue to QAR 11.8 billion, a 6% increase in EBITDA to QAR 5.1 billion, and a 1 percentage point rise in EBITDA margin to 43%. The company also reported a CAPEX spend of QAR 1.0 billion and a 6% growth in normalized free cash flow to QAR 4.1 billion. The customer base stood at 150.6 million, including IOH and excluding Myanmar. The disposal of Ooredoo Myanmar was completed on 31 May 2024, and its results are included until that date. The company is on track to meet its full-year 2024 guidance.

The document is a review report and interim financial information for Dubai Refreshment (P.J.S.C.) covering the six-month period ending on June 30, 2024.

Resolution No. 447 of 2024 announces the temporary suspension of trading for Waha Capital Company shares. The suspension will start at 10:00 AM on August 1, 2024, to coincide with the company's Board of Directors meeting, and will remain in effect until the Abu Dhabi Securities Exchange (ADX) receives the meeting results. All ADX department heads are instructed to implement this resolution within their respective areas. The resolution will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all accredited brokers. The resolution was approved by the authorized person and issued on July 30, 2024.