Doha: Ooredoo disclosed the interim financial statement for the twelve-month period ending 31st December, 2024. The financial statements revealed a Net Profit of QAR 3,435,893,000 in comparison to Net Profit QAR 3,015,878,000 for the same period of the previous year.

According to Qatar News Agency, the Earnings per Share (EPS) amounted to QAR 1.07 as of Dec. 31, 2024, versus QAR 0.94 for the same period in 2023. The Board of Directors proposed a cash dividend of QAR 0.65 per share for 2024.

Commenting on the results, Chairman of Ooredoo, HE Sheikh Faisal bin Thani Al-Thani stated that 2024 was another solid year for Ooredoo Group, which saw growth across revenue, partnerships, and delivering value to stakeholders. The Group is making operational progress, and results remain consistent with expectations, demonstrating that the strategy is working as planned. The focus remains on pursuing profitable growth driven by operational transformation to expand capabilities across markets.

CEO of Ooredoo Group, Aziz Al Uthman Fakhroo, remarked that Ooredoo Group posted another year of strong growth in 2024, marked by sustained operational momentum and an increasing financial position. Revenue for the year reached QAR 23.6 billion, a rise of 2 percent compared to last year, supported by performances in Iraq, Algeria, Kuwait, Tunisia, and Maldives.