Commenting on the results, STC Group CEO, Engineer Saud Al-Daweesh, said: "I am pleased to be able to announce such strong results. We have continued to further strengthen our position as one of the largest and most technologically advanced telecom operators both in our domestic market as well as in international markets. This success materialized as a result of our continued efforts to offer innovative and integrated products and services that address the needs of our customers, as well as our continued efforts to improve and sustain our operational and financial performance. STC group has succeeded in remaining at the forefront of the telecommunications and information technology sectors in the Middle East and beyond, by optimising operations and leveraging our expertise & our strength in providing our customers with the latest technologies & services with key focus on customer experience. This has supported our growth both domestically and internationally. This quarters performance also validates our continued efforts to drive financial performance, and to remain agile, providing shareholders with above average returns, by streamlining controls and embedding strategies that ensure long term profitable growth. We have a clear and strong growth strategy in place and we remain committed to consistent delivery and performance. We see significant growth potential both domestically and internationally, and we believe that our strong market position and expanding presence in the Kingdom of Saudi Arabia and key growth markets ensures that we are well placed to leverage growth opportunities both in the domestic and international markets. As a result, we are confident that we can deliver significant value to our shareholders in the future.Cont.
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