PALTEL’s revenues increased by 8.54% to hit a figure of JOD 164.12 million in 1H 2010, due to a growth of 8.06% in wire communications (fixed line) revenues and 12 % in wireless communications revenues. Consequently, Gross profit grew by 7.10% in 1H 2010 to reach JOD 124.37 million recording a gross margin of 75.78%.
In aggregate, PALTEL’s net income declined in 1H 2010 by 13.38% to reach JOD 40.84 million compared to JOD 47.15 million in 1H 2009.
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