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Saudi Telecom Co. Interim / Quarterly Report 2012

Oct 20, 2012

53480_rns_2012-10-20_1a0ee2bc-4189-494e-be01-1b5ffb4c9dfb.html

Interim / Quarterly Report

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Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.09.2012 (9 months).

7010 · 20/10/2012 18:06:03 · Announcement #27443 · View on Saudi Exchange

Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.09.2012 (9 months).

Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.09.2012 (9 months).

1 - The net income during the 3rd quarter amounted to SR 1,954 million compared to SR 1,562 million for the corresponding quarter last year, an increase of 25%, and compared to SR 2,408 million for the immediately prior quarter, a decrease of 19%.

2 - The gross profit for the 3rd quarter amounted to SR 8,602 million compared to SR 8,073 million for the corresponding quarter last year, an increase of 7%.

3 - The operating income for the 3rd quarter amounted to SR 3,017 million compared to SR 3,000 million for the corresponding quarter last year, an increase of 0.5%.

4 - The net income for the 9 months amounted to SR 6,883 million compared to SR 5,392 million for the corresponding period last year, an increase of 28%.

5 - The basic earnings per share for the 9 months amounted to SR 3.44 compared to SR 2.70 for the corresponding period last year.

6 - The gross profit for the 9 months amounted to SR 25,453 million compared to SR 23,513 million for the corresponding period last year, an increase of 8%.

7 - The operating income for the 9 months amounted to SR 9,352 million compared to SR 8,452 million for the corresponding period last year, an increase of 11%. Cont.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.