Money and business

“Vodafone Qatar” shares make the largest daily gains in two months

Vodafone Qatar, the Qatar Stock Exchange, rose 3.48% in the stock exchange trading today, Tuesday, to circulate at the price of 2.42 riyals per share, to achieve the largest daily gains in two months.

5.1 million shares of Vodafone Qatar were traded at that time, with a value of trading 12.38 million riyals.

The highest price for the share at that time was at 2.48 riyals, while the lowest price was at 2.37 riyals.

Vodafone Qatar’s profits in the first quarter of the year 2025 increased by 8.12% on an annual basis.

Vodafone Qatar recorded a net profit of 162.3 million riyals during the first quarter of 2025, compared to profits of 150.11 million riyals during the same period in 2024, which represents annual growth in profits.

The profitability of the stock in the first quarter of 2025 amounted to about 0.038 riyals, compared to 0.036 riyals for the comparison period of the previous year, which reflects a slight improvement in the return on the arrow.

The total revenue increased by 6.1% on an annual basis, to reach 855 million riyals, driven by growth in the company’s activities and services.

In terms of annual performance, Vodafone Qatar made profits of 600.66 million riyals during the year 2024, compared to a net profit of 540.04 million riyals in 2023, with a growth of 11.2%.

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