The financial statements of the Emirates Telecom Company showed an increase in the company's profits in the first quarter of this year by 4% year on year.
According to the company's results, today, Tuesday, profits for the first quarter of this year amounted to 2.4 billion dirhams, compared to profits for the same period last year, which amounted to 2.3 billion dirhams.
The company's revenues in the same quarter increased by 1% year on year, to reach 13.3 billion dirhams, compared to revenues achieved by the company, which amounted to 13.2 billion dirhams in the first quarter. From 2021.
The number of subscribers to the company increased by 2% in the first quarter to reach 159 million subscribers.
The company's general assembly had agreed, earlier this April, to distribute cash dividends of 0.4 dirhams per share.
