Arab Today, arab today etisalat announces 17 net profit growth
Last Updated : GMT 20:16:35
Arab Today, arab today
Arab Today, arab today

Etisalat announces 17% net profit growth

Arab Today, arab today

Arab Today, arab today Etisalat announces 17% net profit growth

Abu Dhabi - BNA

Etisalat, the Abu Dhabi headquartered telecommunications group with operations in 16 countries, today announced a net profit after federal royalty of AED 1.9 billion for the second quarter of 2012 ending 30 June 2012, representing an additional growth of 3 percent over the previous quarter, and a year-on-year growth of 17 percent on quarterly Group consolidated revenue of AED 8.252 billion, an increase of 4 percent year-on-year. Consolidated EBITDA increased by 16 percent to AED 4.3 billion over the same period last year, while EBITDA margin improved 6pts to 52 percent. Financial Highlights for Q2 2012 • Consolidated revenues increased by 4% year-on-year to AED 8.3 billion • Revenue from International operations grew by 14% to AED 2.3 billion while their contribution to the top-line reached 28% • Consolidated EBITDA increased by 16% to AED 4.3 billion while EBITDA margin improved 6pts to 52% • Net Profit after Federal Royalty increased by 17% year-on-year to AED 1.9 billion • Declared interim dividends per share of 25 fils per share • Consolidated capital spending increased by 1% to AED 0.9 billion, representing 10% of the consolidated revenues • Maintained solid financial position with consolidated cash balance of AED 10.5 billion, leading to a positive net cash balance of AED 5.2 billion. Key Developments during Q2 2012. • Appointment of new Federal Government representatives to Etisalat Board of Directors. • Etisalat maintained its investment grade credit ratings. • The flagship multiple-play eLife service surpassed the 450,000 customer milestone. • Etisalat joins European Telecommunications Network Operators’ Association (ETNO) as observer member. • For the first time introduced rollover minutes on all post-paid plans in the UAE.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etisalat announces 17 net profit growth Arab Today, arab today etisalat announces 17 net profit growth

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today etisalat announces 17 net profit growth Arab Today, arab today etisalat announces 17 net profit growth

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday