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BRIEF-Qatar's Ooredoo Q1 profit falls by 34 pct
April 26, 2017 / 3:47 PM / 8 months ago

BRIEF-Qatar's Ooredoo Q1 profit falls by 34 pct

April 26 (Reuters) - Ooredoo Qsc:

* Q1 group net profit to Ooredoo shareholders decreased by 34 percent to 584 million riyals

* Revenue increased by 2 percent to reach 8 billion riyals for Q1 2017

* Q1 customer base up 26 percent to 149 million

* Net profit results in Q1 2016 benefitted from significant foreign exchange gains of 380 million riyals. Excluding the foreign exchange impact, net profit in Q1 2017 was up by 3 percent Source text for Eikon Further company coverage:

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