UAE telcom Du posts net income of $155mln for H1 – ZAWYA

UAE telcom Du posts net income of $155mln for H1 – ZAWYA

uae telcom du posts net income of $155mln for h1 eitc's financial performance was negatively impacted from the limitation of sales activity during q2 2020    a man walks past a du telecommunications advertisement in deira in dubaiemirates integrated telecommunications company (du), a leading telecom services provider in the uae has reported revenues of aed5.66 billion ($1.54 billion) and a net income of aed570 million ($155 million) for the first half of the year (h1).the board of directors approved the distribution to shareholders of an interim dividend of aed589 million, equivalent to an interim dividend per share of aed0.13.due to the general lockdown of activity in the uae during q2 2020, eitc's financial performance was negatively impacted from the limitation of sales activity, the change in customer behaviour and the strong reduction of tourism and trade activities, a company statement said.the board of directors approved the distribution to shareholders of an interim dividend of aed589 million, equivalent to an interim dividend per share of aed0.13.emirates integrated telecommunications company (du), a leading telecom services provider in the uae has reported revenues of aed5.66 billion ($1.54 billion) and a net income of aed570 million ($155 million) for the first half of the