Ramallah – Business and Finance News – Ooredoo Palestine announced its financial results for the first half of the current year ending on June 30, 2025, in line with the disclosure and transparency requirements of the Palestine Capital Market Authority and the Palestine Exchange.

The financial statements showed that the company achieved revenues of USD 50.7 million, with earnings before interest, taxes, depreciation, and amortization (EBITDA) amounting to USD 20.1 million. Net profit after tax reached USD 7.5 million, marking a 7% increase compared to the same period last year. The company also maintained a subscriber base of 1.55 million.

Commenting on the results, Dr. Samer Fares, CEO of Ooredoo Palestine, said:
"The company continues to implement its strategic plans to achieve sustainability and strengthen its presence in the Palestinian market despite the current economic and political challenges. These results reflect the resilience and dedication of our team in meeting subscriber needs and continuously enhancing our technical services."

Dr. Fares added:
"We believe that ongoing investment in network quality improvement and coverage expansion is the cornerstone of our resilience in facing numerous challenges. This is coupled with our deep commitment to social responsibility. During the first half of this year, we continued to work on vital projects aimed at supporting various segments of our Palestinian community."

He further explained that the company focused during this period on improving operational efficiency and cost rationalization in line with its vision, the board’s aspirations, and the challenging economic conditions that have affected many sectors in the Palestinian market. He emphasized that Ooredoo will continue to invest in innovation and modern technologies to ensure the best communication experience for its subscribers across the Palestinian governorates.

He also highlighted the importance of upholding transparency and sound governance in all operations, stating:
"We are fully aware of the great responsibility we carry as a leading national company. We are committed to the highest standards of governance and to providing a comprehensive view of our financial and operational performance to all stakeholders."

In conclusion, the company reaffirmed its commitment to supporting the national economy by developing digital communication services, expanding job opportunities, and investing in building the capacities of Palestinian talent.

Ooredoo also reiterated that the coming phase will focus on strengthening network readiness and adopting the latest technological solutions to meet the growing needs of its subscribers and to keep pace with developments in the telecom sector both regionally and globally.