Kuwait Telecommunication Company reports $263 million net income

Published February 11th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Kuwaiti Telecommunication Company (Etisalat) posted a net operating income of 79.564 million Kuwaiti Dinars ($262.6 million) in 2001, reported Al-Sharq Al-Awast . The Kuwaiti Securities Market reported that earnings per stock hit 165 filses and value per stock value hit 144 filses. The Board of Directors recommended distributing dividends to stockholders equivalent to 130 percent of the stock book value, which is 130 filses per stock. — (menareport.com) 

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