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Omantel Q3 net profit falls 4.1 pct, in line with estimates
October 13, 2016 / 5:26 AM / a year ago

Omantel Q3 net profit falls 4.1 pct, in line with estimates

DUBAI, Oct 13 (Reuters) - Oman Telecommunications (Omantel) reported a 4.1 percent fall in third-quarter profit on Thursday, according to Reuters calculations, broadly in line with analysts’ estimates.

* Net profit of 28.2 million rials ($73.3 million) in the three months to Sept. 30 versus 29.4 million rials a year earlier, Reuters calculated based on financial statements in lieu of a quarterly breakdown.

* Average forecast of three analysts: 29.0 mln rials.

* Net profit of 95.1 million rials in the first nine months of 2016, up from 90.7 million rials in the same period last year, a bourse filing said. (Reporting by Tom Arnold; Editing by Andrew Torchia)

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