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DUBAI, Oct 27 (Reuters) - Viva Kuwait
VIVA.KW
reported a 14 percent fall in third-quarter net profit on Thursday, as the impact of lower oil prices on the Kuwaiti economy and a highly-competitive local market dragged on revenue generation.
* The Saudi Telecom Co
7010.SE
subsidiary made a net profit of 9.66 million dinars ($31.9 million) in the three months to Sept. 30, it said in a bourse statement, compared with a profit of 11.27 million dinars in the year-earlier period.
* SICO Bahrain forecast: 9 mln dinars. Arqaam Capital forecast: 9 mln dinars.
* Third-quarter revenue rose 1 percent to 70.65 million dinars.
* ($1 = 0.3032 Kuwaiti dinars)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
* The Saudi Telecom Co
* SICO Bahrain forecast: 9 mln dinars. Arqaam Capital forecast: 9 mln dinars.
* Third-quarter revenue rose 1 percent to 70.65 million dinars.
* ($1 = 0.3032 Kuwaiti dinars)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))