Ooredoo Maldives' net profit drops in 2020 amid pandemic

Ooredoo Maldives closed out 2020 with a net profit of MVR 407 million, which is over a 30 percent drop from the previous year.

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Ooredoo Maldives' CEO and MD Najib Khan. FILE PHOTO/OOREDOO MALDIVES

Fathmath Shaahunaz

2019-06-11 14:54:47

Ooredoo Maldives closed out 2020 with a net profit of MVR 407 million, which is over a 30 percent drop from the previous year.

According to the telecom giant's financial statement for 2020, the company's profit in 2019 stood at more than MVR 588 million.

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