Welcome Visitor | Sign in
Reference price of Syriatel share is SYP 7188.63
Syriatel Discloses its Consolidated Financial Statements for the first half of 2018
Publish Date: 20/09/2018
Syriatel Mobile Telecom has published its interim financial results for the period ended June 30, 2018
 
Revenues for the first half of 2018 grew by 14.99% compared to the same period last year to exceed 87 billion Syrian pounds, more than 19.73 billion Syrian pounds were deducted for the account of the State Treasury which represents the Syrian government's share of these revenues, Interconnection with the Syrian Telecommunications Company and the annual contributions of the Telecommunications Regulatory Authority.
 
While the net profit attributable to the shareholders of the company increased during the first half of 2018 to achieve a total amount of 31.14 billion Syrian pounds, an increase of 109.24%. Accordingly, the basic share of the net profit for the period attributable to the shareholders of the company is after excluding unrealized gains 929.72 SYP.

Initial Results
(For Comparison)
Statements of the Current Period
Statements of the Previous Period
Change %
Total Assets
160,402,373,393
154,572,689,480
3.77%
Shareholders’ Equity
105,481,545,920
92,506,501,037
14.03%
 
الربع الثاني 
النصف الأول
الربع الثاني
النصف الأول
 
 
 
Net Revenue **
45,715,492,090
87,801,666,781
39,378,144,399
76,353,178,513
14.99%
Profit before Tax
21,064,288.090
36,370,274,603
9,332,260,209
17,982,392,190
102.25%
Income Tax on Profits
(2,791,552,727)
(5,224,591,899)
(1.679.030.171)
(3.097.587.451)
68.67%
Net Profit (Loss) attributable to company’s shareholders
18,272,718,623
31,145,648,122
7.653.224.017
14.884.789.456
109.24%
Basic dividend per share from net profits attributable to company's shareholders after excluding the profits resulted from the unrealized currency translation income
546.36
924.04
224.4
441.23
109.42%
 

For the financial statements and the Independent Auditor's report, please visit the Financial Statements section
 
The financial statements of Syriatel and the report of the Auditors are also available on the Syrian Securities and Exchange Commission website scfms.sy