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Ooredoo Kuwait Net Profit Falls 29% to KD 48 Million Despite Revenue Growth

Revenue rose 6% to KD 608 million; a one-off KD 23.5 million provision weighed on profit

Source: الاقتصاديةBoursa
Ooredoo Kuwait Net Profit Falls 29% to KD 48 Million Despite Revenue Growth

Ooredoo Kuwait (National Mobile Telecommunications) reported net profit attributable to the company of KD 48 million for the nine months ended 30 September 2026, down 29% from KD 68 million a year earlier, due to a one-off KD 23.5 million provision tied to an Algeria court case. Revenue rose 6% to KD 608 million and EBITDA rose 10% to KD 255 million.

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Abdulaziz Yaqoub Al-BabtainChief Executive Officer, Ooredoo Kuwait

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