Du’s quarterly profit increased 21% to 311 million dirhams

The net profit of the UAE company du, slightly better than forecast media of analysts for the first quarter of quest’year, the company achieved 21% year-over-year growth to 311 million dirhams.

The company managed to increase the number of customers for mobile services by 10% to 7.5 million subscribers.

The first quarter of questyear also saw a 14.5% year-over-year increase in franchise fees to exceed AED 426 million.

Expenses in capital account has stabilized at 305 million dirhams, reflecting the seasonal nature of these expenditures, according to du, which are usually pumped up in the second half of the year.

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