Abu Dhabi – Mubasher: Sudatel recorded a surge of 99.2% in profits during the first quarter of 2017 when compared to the same period a year ago.
The earnings increased to $10.54 million in Q1-17 from $5.29 million in Q1-16, according to a bourse statement issued on Tuesday.
The gross income grew by 23.8% to $52 million in Q1-17 from $42 million in Q1-16.
Sudatel’s earnings per share stood at $0.0087 in Q1-17, compared to $0.0044 in Q1-16.
