DU profits fall 7% in Q3

Dubai – Mubasher: Emirates Integrated Telecommunications (DU) earned AED 457.24 million ($124.48) during the third quarter of 2016, lower 6.7% year-on-year from AED 489.84 million ($133.36 million), a Tuesday's bourse filing revealed.

Net profits for the first nine months thus decreased 6.8% year-over-year to AED 1.3 billion from AED 1.48 billion.

Operating profits for the first nine months reached AED 2.97 billion, higher 2.4% from AED 2.9 billion for the first nine months of 2015.

Over the first six months, the company registered a 6.4% decline in profits to AED 925.53 million.
 

Mubasher Contribution Time: 01-Nov-2016 06:06 (GMT)
Mubasher Last Update Time: 01-Nov-2016 06:06 (GMT)