Vodafone Qatar conducted its Ordinary General Assembly Meeting virtually on Sunday, March 1, under the chairmanship of Vodafone Qatar Chief Executive Officer, Sheikh Hamad Abdulla Jassim Al Thani.
The result of the Ordinary General Assembly Meeting was that all the resolutions on the agenda, including the Board of Directors’ proposal to supply a cash dividend of 12 percent of the nominal share value, i.e., QR0.12 per share.
The meeting acknowledged the Board of Directors’ report detailing the Company’s activities and its financial position for the financial year ended December 31, 2025.
The shareholders reviewed and approved the external auditor’s report on the Company’s Accounts for the financial year ended on December 31, 2025, and the external auditor’s reports on the Company’s corporate governance and internal controls on the financial reporting.
It was also unanimously agreed that PricewaterhouseCoopers (PwC) could be the company’s auditors in the financial year 2026, besides authorizing their fees.
The shareholders authorised the consolidated financial statements of the Company for the financial year ended on December 31, 2025, and the Corporate Governance Report of the Company for 2025.
Further, they were all in agreement that the members of the Board should be discharged of all liabilities and that their remuneration should be approved.
While speaking to the shareholders on behalf of the Board of Directors, Sheikh Hamad Abdulla Jassim Al Thani, Chief Executive Officer of Vodafone Qatar, said, “Vodafone Qatar delivered strong financial and operational performance in 2025, reflecting the effectiveness of our strategy, continued innovation, and disciplined execution across the business. The year represented a period of sustained momentum as we further strengthened our digital and technological capabilities and reinforced our position as a key enabler of Qatar’s rapidly evolving digital economy.”
He added, “Guided by a strong customer-centric approach, the Company continued to invest in next-generation products and services, resilient network capabilities, and future-ready infrastructure.”
Sheikh Hamad stated, “This year, the Company reported a net profit of QR702m, representing a 16.8% increase year-on-year. Total revenue grew by 8.1% to reach QR3.4bn, while EBITDA exceeded QR1.5bn, reflecting solid operational performance and sustained cost discipline.”
