Ooredoo Maldives reports MVR 122m profit in 1st quarter of 2021

Ooredoo Digital Center. (Sun Photo/Ahmed Saeed)

Ooredoo Maldives has reported an MVR 122 million profit in the first quarter of 2021.

Statistics published by the company for the first quarter of 2021 show that the company earned MVR 447 million in the first quarter. 

This includes MVR 344 million from mobile services as well as MVR 96 million from fixed broadband services. MVR 6 million was earned through other services. 

According to Ooredoo, the operating profit for the first quarter stood at MVR 151 million and pre-tax profits were calculated at MVR 142 million. 

Ooredoo stated that the earnings were an increase when compared with the first quarter of last year. Ooredoo did, however, state that revenue from roaming services had decreased due to COVID-19.