• Earnings per share of 83 fils
  • Nasser bin Hamad bin Nasser Al Thani: I have full confidence in our team’s ability to capitalize on our strong results and execute our strategic priorities
  • We will continue investing in our network to ensure high-quality service and strengthen customer trust
  • Abdulaziz Yaqoub Al-Babtain: Our strategic partnerships with both public and private sectors played a key role in achieving these outstanding results
  • We remain committed to our approach centered on operational efficiency, digital transformation, and sustainable innovation

Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the six-month period ended 30 June 2025:

 Financial Highlights:

 

Quarterly Analysis

YTD Analysis

 

 Q2 2025

 Q2 2024

 % change

H1 2025

H1 2024

 % change

 Consolidated Revenue (KWD m)

189

 177

7%

  367

 346

6%

 EBITDA (KWD m)

79

    66

20%

  148

    125

19%

 EBITDA margin (%)

42%

37%

                    -  

40%

36%

        -  

 Net Profit attributable to NMTC (KWD m)

 23

     13

76%

     42

25

65%

 Consolidated Customers (m)

26.4

  25.5

4%

  26.4

25.5

4%
 

Year on Year (YoY) – H1 2025 vs H1 2024

  • Consolidated revenue increased by a healthy 6% to KWD 367 million in H1 2025, compared to KWD 346 million in H1 2024. Revenue growth was supported by the strong operational performance in Algeria, Tunisia and Kuwait.
  • Consolidated customer base increased by 4% to 26.4 million in H1 2025 compared to 25.5 million in H1 2024.
  • EBITDA increased by 19% in H1 2025 to reach KWD 148 million compared to KWD 125 million in H1 2024. Normalizing for the impact of the one-off bad debt provision raised in H1 2024, EBITDA increased by a strong 14% YoY.
  • Net profit attributable to NMTC increased by 65% to reach KWD 42 million in H1 2025 from KWD 25 million in H1 2024. Normalizing for the impact of the one-off bad debt provision raised in H1 2024, Net profit attributable to NMTC increased by a healthy 38% YoY.
  • The consolidated earnings per share were 83 fils in H1 2025, compared to 50 fils earned in H1 2024.