‎Mobily slashes debt by above SAR 2B in 2024: CFO

‎Mobily slashes debt by above SAR 2B in 2024: CFO ‎Mobily slashes debt by above SAR 2B in 2024: CFO

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Khaled Abanami, Chief Financial Officer at Etihad Etisalat Co. (Mobily)

Khaled Abanami, Chief Financial Officer at Etihad Etisalat Co. (Mobily), said that the telecom operator succeeded in expanding digital services, improving operational efficiency, and reducing debt by more than SAR 2 billion.
The company’s continuous pursuit of operational excellence and efficiency helped boost profit growth, thus achieving record growth in net profit and strong profit margin that is the highest among peers in the sector, he told Argaam.

 

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Khaled Abanami, Chief Financial Officer at Etihad Etisalat Co. (Mobily)

Khaled Abanami, Chief Financial Officer at Etihad Etisalat Co. (Mobily), said that the telecom operator succeeded in expanding digital services, improving operational efficiency, and reducing debt by more than SAR 2 billion.
The company’s continuous pursuit of operational excellence and efficiency helped boost profit growth, thus achieving record growth in net profit and strong profit margin that is the highest among peers in the sector, he told Argaam.
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