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Sudatel
SDTL
SDTL
Abu Dhabi – Mubasher: Sudatel Telecom Group turned to net losses valued at $25.96 million in the first quarter (Q1) of 2025, compared to profits of $22.34 million in Q1-24.
Total operating revenues fell to $80.17 million in the first three months (3M) of 2025 from $98.28 million in Q1-24, according to the financial results.
Loss per share hit $0.19 as of 31 March 2025, against an earnings per share (EPS) of $0.16 a year earlier.
At the end of December 2024, the group’s net shrank to $18.25 million from $21.27 million in 2023.
Source:
Mubasher
