Abu Dhabi-Mubasher: Abu Dhabi-listed Etisalat posted a 37% rise in its second-quarter profits, according to a bourse statement.
Net profits reached AED 2.602 billion ($708 million) in Q2-16, compared to AED 1.900 billion ($517 million) in Q2-15.
The telecom operator generated profits of AED 4.98 billion in H1-16, a rise of 14.5% from AED 4.35 billion in H1-15.
Operating profits grew 18% year-on-year to AED 3.11 billion in Q2-16.
The company approved dividends of 40 fils per share for the first half of 2016 to be paid to Abu Dhabi bourse on 14 August, the statement said.
The dividends will be payable to shareholders of record at the close of the business day on 7 August.
