Viva Kuwait reports 12% increase in profits in 9M15

Kuwait Telecom Company (Viva), which was listed on the Kuwait Stock Exchange (KSE) in December 2014, has reported net profit of KWD32.8 million (USD108.2 million) for the nine months ended 30 September 2015, up by 12% year-on-year from the KWD29.3 million reported in the corresponding period of 2014. The Kuwaiti company disclosed that its revenues amounted to KWD204 million in 9M15, up by 17% y-o-y, while its customer base increased marginally to 2.4 million, a 1% improvement on the figure reported twelve months prior.