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Abu Dhabi: The Gulf
The Etisalat Group achieved positive financial results in the first nine months of this year, with consolidated sales for the period of 39.4 billion euros, a growth of 3% compared to the same period in 2017.
Consolidated net earnings for the period – after deducting the federal deductible – amounted to AED 6.6 billion, a 2% increase over the same period last year, for a total of 144 million subscribers, an increase of 3% over one year.
"Etisalat continues its strong performance in the third quarter of this year thanks to its outstanding efforts to strengthen digital services across all of its operations," said Saleh engineer Abdullah Al Abdooli, CEO. Today, as the group prepares to enter the fifth generation, we are at the dawn of a new era of digital capabilities, which will allow a leap forward in all sectors and will enrich the community in general. Manage and respond to the aspirations and aspirations of current and future customers. "
Quarterly performance
On a quarterly basis, the group achieved consolidated revenue of $ 13.2 billion in the third quarter, up 2% from the same period in 2011. Consolidated net income after deduction of the federal deductible amounted to 2.3 billion from AED with a net profit margin of 17%.
"While the Etisalat Group continues to focus on maintaining its commercial dynamism and maximizing the added value of its customers and shareholders, it continues to innovate in intelligent solutions and support the digital system. cutting edge in order to stimulate growth, to pave the way for the digital future and to lead the fifth generation … Etisalat is confident and determined for tomorrow, and enriches all the communities served, by continuing to invest in smart services and innovative technologies, as well as seize opportunities to increase revenues and improve the overall customer experience. "
Base of subscribers
The number of Etisalat subscribers in the UAE reached 12.5 million, while the Etisalat group reached 144 million subscribers, an annual increase of 3%.
"I would like to thank the leaders of the UAE for the insightful strategic vision that has placed the country in the ranks of the most advanced countries in the adoption of digital services, which has prompted us to improve our network capabilities and provide I would also like to thank our customers and our shareholders, "he said. For their great confidence, the group Etisalat pushed the group to continue its progress and its success. "
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