du’s profits increase to AED 1.39bn in 9M

du’s profits increase to AED 1.39bn in 9M

Dubai – Mubasher: The net profits of Emirates Integrated Telecommunications Company (du) rose to AED 1.39 billion during the first nine months of 2020, compared to AED 1.29 billion in the corresponding period of 2019.

The company's revenues amounted to AED 8.34 billion in the January-September period in 2020, down from AED 9.395 billion in the same period of the earlier year, according to du's consolidated financials for the nine-month period of 2020.

The basic and diluted earnings per share (EPS) stood at AED 0.31 in the first nine months of 2020, versus AED 0.29 in the year-ago period.

The company saw AED 824.14 million net profits during the third quarter (Q3) of 2020, lower than AED 381.19 million in the