Vodafone Qatar Reports 24% Increase in Net Profit in Q1 2023

By A Robin - April 19, 2023

Vodafone Qatar

The net profit of Vodafone Qatar increased by 24.21% during the first quarter (Q1) of 2023 to reach QR 133.391 million compared to QR 107.383 million for the same period of 2022.

The Qatar Stock Exchange (QSE) said on its website on Tuesday that the Earnings Per Share (EPS) during Q1 of 2023 reached QR 0.032 compared to QR 0.025 for the same period of 2022.

In the same regard, the net profit of Medicare Group Co. increased by 9.4% during the Q1 of 2023 to reach QR 18.810 million compared to QR 17.194 million for the same period of 2022.

The QSE indicated on its website that the EPS during Q1 of 2023 reached QR 0.07 compared to QR 0.06 for the same period of 2022.

On the other hand, the net profit of Inma Holding decreased by 80% during the Q1 of 2023 to reach QR 1.287 million compared to QR 6.402 million for the same period of 2022.

The figures issued by the company and published on the QSE website showed a decline in the EPS during the Q1 of 2023 to reach QR 0.023 compared to QR 0.113 for the same period of 2022.

(QNA)