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Saudi Telecom Co. Interim / Quarterly Report 2012

Jul 18, 2012

53480_rns_2012-07-18_0f09dc52-0551-4a85-a49a-7dc26d858d45.html

Interim / Quarterly Report

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Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.06.2012 (6 months).

7010 · 18/07/2012 18:34:57 · Announcement #26588 · View on Saudi Exchange

Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.06.2012 (6 months).

Saudi Telecom Company announces the interim consolidated financial results for the period ending at 30.06.2012 (6 months).

1 - The net income during the 2nd quarter amounted to SR 2,408 million compared to SR 2,256 million for the corresponding quarter last year, with an increase of 6.7%, and compared to SR 2,521 million for the immediately prior quarter, with a decrease of 4.5%.

2 - The gross profit for the 2nd quarter amounted to SR 8,416 million compared to SR 7,952 million for the corresponding quarter last year with an increase of 5.8%.

3 - The operating income for the 2nd quarter amounted to SR 3,158 million compared to SR 2,783 million for the corresponding quarter last year with an increase of 13.5%.

4 - The net income for the 6 months amounted to SR 4,929 million compared to SR 3,829 million for the corresponding period last year with an increase of 28.7%.

5 - The basic earnings per share for the 6 months amounted to SR 2.46 compared to SR 1.92 for the corresponding period last year.

6 - The gross profit for the 6 months amounted to SR 16,851 million compared to SR 15,440 million for the corresponding period last year with an increase of 9.1%.

7 - The operating income for the 6 months amounted to SR 6,335 million compared to SR 5,452 million for the corresponding period last year with an increase of 16.2%. ( 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.