Copyright qna
Doha, October 29 (QNA) - Ooredoo Group's net profit for the nine-month period ending September 30, 2025, increased 5.67 percent to reach QR 3.08 billion in comparison to QR 2.92 billion for the same period of the previous year.Figures released by Ooredoo and posted on Qatar Stock Exchange website on Wednesday said its earnings per share amounted to QR 0.96 as of September 30, 2025, versus QR 0.91 for the same period in 2024.Commenting on the results, HE Chairman of Ooredoo Sheikh Faisal bin Thani Al-Thani announced an update to Ooredoo's dividend policy, increasing the target payout ratio from 40%-60% to 50%-70% of normalized net profit. "This decision reflects our strong financial position, sustained business momentum, and reinforces our commitment to delivering enhanced long-term value to our shareholders," he added.CEO of Ooredoo Group Aziz Aluthman Fakhroo said: "We delivered impressive growth across all key metrics, driven by strong performance across most of our operations, with particularly notable results in Algeria, Iraq, Tunisia, Kuwait and Qatar."The dividend policy, in effect since 2019 and upgraded effective 29 October 2025, aims to achieve a sustainable and progressive dividend distribution with a dividend payout ratio in the range of 50%-70% of normalized net profit. (QNA)
