Bahrain's largest operator Batelco net profit of 278.5 million dollars last year

Source: Internet
Author: User
Keywords Batelco siva
C114 Beijing time February 1 morning News (SHANGMU) Bahrain's largest telecoms operator Batelco released its fourth-quarter earnings in 2009. According to earnings reports, its fourth-quarter net profit was 25.5 million Bahraini dinar (C114 Note: About 67.63 million U.S. dollars), down 1.5% from a year earlier.  But annual net profit has increased, from 104.2 million Bahraini dinar a year ago to 105 million Bahraini dinar (278.5 million U.S. dollars), an increase of 0.8%. 2009 Batelco 31% of the total revenue from the company's overseas business contribution. In terms of user size, the number of users in 2009 grew by 19% over the same period last year, to 5.1 million.  Bahrain's 2001 population report showed that the population was only 650,000, with nearly 245,000 expatriates. Batelco's bmic and India's Siva group (formerly Sterling Infotech Group) have a joint venture in India, and the number of users in Asian countries is more than 450,000 in 6 weeks.
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