Manama, Nov. 5 -- Batelco announced net profit attributable to equity holders of the company for Q3 2019 of BD10.2M (US$27.1M), a 41% decrease from BD17.3M (US$45.9M) for the corresponding period of 2018.

Batelco announced its financial results for the first nine months of 2019 (the period) and for the third quarter of 2019, the three-month period ended 30 September 2019 (Q3).

Net profits attributable to equity holders of the company for the first nine months of 2019 of BD44.2M (US$117.2M) are down 4% from BD46.0M (US$122.0M) for the corresponding period in 2018. Earnings per share (EPS) are 6.2 fils for the third quarter of 2019 compared to 10.4 fils in Q3 2018 resulting in an EPS of 26.7 fils for the period compared to an EPS of 27.8 ...