Batelco’s Q2 profit surges 27.5% year-on-year

Batelco posted a 27.5 per cent rise in second-quarter profit, reporting a net profit of BD13.31 million (US$35.29 million) in three months to June 30.

The telco’s second-quarter revenue was BD92.1 million dinars, down five per cent year-on-year.

The company made a half-year net profit of BD27.54 million, up from BD24.90 million in the corresponding period of 2014.