du reports 9.3% YoY profit increase in 2019
- Date: 12-Feb-2020
- Source: Mubasher
- Sector:Technology
- Country:UAE
du reports 9.3% YoY profit increase in 2019
The company's revenue went down by 6.2% YoY to AED 12.59 billion, the Emirates News Agency reported on Tuesday.. "I am pleased with the strong results that du was able to achieve despite the challenging environment that the telecom market went through in 2019,"du's chairman Mohamed Al Hussaini commented.. It is worth mentioning that du's profits totalled AED 381.2 million in the third quarter of 2019 when compared to AED 440.8 million in the corresponding quarter in 2018..