Oman Telecommunications Company SAOG (Omantel) has announced its earnings for the first quarter ended March 31, 2025, showing significant growth in both sales and net income. The company reported sales of OMR 803.59 million, a rise from OMR 728.08 million in the same period last year. Net income for the quarter increased to OMR 15.67 million, up from OMR 12.87 million in Q1 2024.
Omantel’s earnings per share (EPS) from continuing operations were OMR 0.021, compared to OMR 0.017 in the same quarter last year. The company’s basic and diluted earnings per share were also OMR 0.021, showing a consistent year-over-year improvement.
The positive results reflect strong performance and strategic growth initiatives, positioning Omantel for continued success in the competitive telecommunications market.
