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The details of this news are slightly higher than those of the quarterly profit of 450 million dirhams
The quarterly profit of du has slightly increased to 450 million dirhams. The results were better than the predictions of EFG HERMES of 429 million AED.
The company posted a net profit after discounting in the first half of 2018 to AED 965 million, an increase of 18.8% compared to AED 812 million in the first half of 2017.
The company recorded a strong growth of 4% For AED 6.68 billion. Given its good financial performance, the company announced the proposal of the Board of Directors to distribute 589 million dirhams of semi-annual dividends to its shareholders on the basis of 13 shares per share subject to the approval of the Board. General Assembly scheduled for September 2018 and relevant authorities.
In the first quarter of 2018, the Company announced a one-time one-off transaction for the reimbursement of part of the fees paid to TRA, which realized a net profit after deducting franchise fees increased by 4.4% in the first half of 2018 compared to the same period last year.
Fixed-line second-quarter revenue reached AED 583 million, up 9.4% from the second quarter of 2017, while mobile revenues decreased 1.6% from 1, AED 84 billion in the second quarter of 2017 to AED 1.81 billion in the fourth quarter. AED in the second quarter, up 8.6%.
Emirates Integrated Telecommunications Company (EITC) said: "Emirates Integrated Telecommunications achieved good revenues of AED 3.35 billion in the second quarter of the year, up 2.9 percent from the second quarter 2017. The good performance of the Fixed business, which rose 9.4% in the second quarter of 2018 compared with the same quarter of last year Despite the seasonal impact, the month of Ramadan and Eid al-Fitr in the second quarter of the year on mobile phone revenues It stabilized at 1.82 billion dirhams in the second quarter In the second quarter of the year 2018, at the same level 1.85 billion dirhams in the second quarter of the year.
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Source: Arabs Today
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