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Company records net profit of KD 32.1mn; Board proposes cash dividend of 60 fils per share
KUWAIT CITY, Feb 3: Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financial results for the financial year ended 31 December 2020. stc highlights the financial and operational performance in addition to the social initiatives that the company took during the year 2020 amid COVID-19’s difficulties, challenges and negative economic consequences affecting most companies within various sectors. Commenting on the announcements of these results, Dr Mahmoud Ahmed Abdulrahman, stc’s Chairman, stated: “2020 was an unusual year that is radically different from previous years in terms of the external events associated with the COVID-19 pandemic. In addition to the ongoing internal development processes which have resulted in a significant trans
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KUWAIT CITY, Dec 16: Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it received 6 awards during the 8th edition of the Kuwait Creativity Award2020 forum.
The awards were presented by the Arab Media Forum in appreciation of stc’s unique TVC productions, creative advertising concepts, as well as other initiatives introduced while implementing its effective CSR agenda. The Company released a statement indicating that the honoring was officially announced during the ceremony held by the forum’s organizing committee.
Held under the patronage of Secretary-General of the League of Arab States, Ahmed Aboul Gheit, creative individuals, sponsors, participants, and volunteers were honored, with stc amongst the top of the list. stc added, “These recognitions come in appreciation of the various initiatives and continuous support stc h