Du’s profits fell 65% to AED 283 million in the third quarter

Emirates Integrated Telecommunications Company “du” quarterly profit decreased 65% to AED 283 million.

The third quarter of last year included profits of AED 520 million following the sale of the company’s stake in Khazna Data Center and, excluding these exceptional profits, the quarterly profits for the third quarter of questyear fell by 7%.

The profit was higher than analysts’ expectations, amounting to 250 million dirhams.

Quarterly revenues increased by 7% to reach more than two billion and 800 million dirhams.

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