stc Q3 2022 positive results driven by integrated strategy, investments: CEO

27/10/2022 Argaam

stc Q3 2022 positive results driven by integrated strategy, investments: CEO

CEO of stc Olayan Al Wetaid

Saudi telecom operator stc reported positive financial results in Q3 2022, due to commitment to an integrated strategy and multi-sector investments, CEO Olayan Al Wetaid said in a statement.

 

This reflected significantly on profit growth and helped achieve sustainable yields for shareholders, Al Wetaid indicated.

 

In Q3 2022, stc reported 21% profit growth year-on-year (YoY) to SAR 3.541 billion, Argaam earlier reported.

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