Ooredoo Reports 133% Profit Increase Following Successful Transformation Program
Ooredoo Oman achieved a notable increase in its net profits, rising by 133% by the end of June 2026, reaching 8.4 million Omani rials compared to 3.6 million rials in the same period of 2025. This was despite a 1.2% decline in revenues to 122 million rials. The transformation and restructuring programs initiated in 2025—focused on cost reduction and cutting operational expenses by 5.35%—were instrumental in enhancing profitability and improving operational efficiency. The first quarter of 2026 showed a 144% increase in profit, exceeding 4 million rials, driven by improved revenue per user and the implementation of corrective measures. The company continues to implement initiatives to cut costs and optimize capital management, with expectations of achieving sustainable savings in the long term.
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