Bahrain’s Batelco has announced 17 per cent profit drop
Bahrain’s Batelco has announced its net profit for the nine months ended September 30, 2010 has dropped 17 per cent to BD66m ($175m) compared to the same period in 2009. Third quarter net profit stood at BD19.3m ($51.1m), while gross revenues for the nine months ended September 30, 2010 reached BD256.1m ($679.3m).
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