Preliminary Q4 2021 Omani Qatari Telecommunications Company SAOG Earnings Call Transcript

Feb 21, 2022 / 10:00AM GMT
Ahmed Al Khuzairi - Omani Qatari Telecommunications Company SAOG - Investor Relation Manager

Yes. Thank you. Thank you for joining us today to discuss our full year results performance for the year 2021. Today, with me on the discussion, the main speakers, Ms. Noor Sulaiti, our CEO; and Mr. Abdul Razzaq Al Balushi, our CFO.

Before we start, I would like to refer you to Slide #2, which is about disclaimer. In today's course of discussion, we may discuss some forward-looking statements. In the future, if our views change, we are not committed to notify you. Hence, we'll refer you to our public filing in our website or in MSX website.

So to start, I would like Noor to take the start. Thank you.

Noor Al Sulaiti - Omani Qatari Telecommunications Company SAOG - CEO

Hello, everyone. So if we can start with the performance, the year 2021 was a challenging year for Ooredoo Oman and also for the market.

So the revenue has dropped year-on-year by minus 7.4%, the EBITDA at minus 9.6% and then the net profit at minus 40%. This was mainly driven

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