generality "End" The distribution of cash profits of 83 fils per share depends on 2024
Abu Dhabi, April 15 / WAM / The EMD group held today, the annual meeting of its public association; Where the association approved during the meeting the recommendation of the Board of Directors to distribute cash dividends at 83 fils “0.83 dirhams” per share for the fiscal year 2024, which enhances the commitment of the “Ed &” group to provide added value through the policy of distributing the escalating profits to its shareholders, which was announced last year.
His Excellency Jassim Mohamed Bou hero Al -Zaabi, Chairman of the Board of Directors, said that the year 2024 constituted a milestone in the “ID and” March; Where we succeeded in achieving an accelerated growth and remarkable progress in our strategy to transform into a global technology group, as I & during the year 2024 I recorded standard unified revenues of 59.2 billion dirhams, with a growth of 10.1%, and a net net profit of 10.8 billion dirhams, with a growth of 4.3%.
His Excellency followed that these achievements came as a result of the important strategic decisions taken by the Board of Directors, which included geographical expansion, diversification of revenue sources and enhancing the growth of the various digital sectors, indicating that these steps contributed to supporting the strong financial situation of the group, and at the same time “EMD” was placed in a distinguished location to seize new opportunities and ensure a long -term value achieved and continuous value Customers, partners and shareholders alike.
His Excellency added that with our aspiration to the future, “E and End” continues its commitment to growth and transformation across 38 countries in the Middle East, Africa, Asia, Central and Eastern Europe, and our ambition that we put in place our eyes during this march is innovation and leadership, and enable the societies in which we offer our services, and we will continue to work to provide digital solutions that contribute to enabling a more future future Green.
For his part, Engineer Hatem Dowidar, CEO of “EMD”, said that during the year 2024 we have succeeded in achieving many achievements that helped us embody the slogan “always in more”, as we achieved more growth and passion for excellence, indicating that this year formed a successful chapter on our transformational journey, as we continued the march of development to become a leading global technology group, by expanding the scope of our presence by The telecommunications sector and digital services to reach 38 countries, which positively reflected the company’s performance and enhancing the confidence of all stakeholders.
The group’s aspiration to the future expressed a clear vision of continuing to push the limits of innovation and cooperation to achieve a tangible impact for a better future for all.
He pointed out that the year 2025 will be a station to confirm commitment to digital transformation and enhance the scope of solutions supported by artificial intelligence, data, digital and technological inclusion.
End has strengthened its global leadership through strategic investments and influential initiatives; Where the group obtained the rating of the “fastest growing brand in the world” by “Brand Finance”, and also succeeded in expanding its system through strategic partnerships and important acquisitions.
“End” scored a unified profit of 10.8 billion dirhams, an increase of 4.3% on an annual basis, which reflects the efforts made to the strategic transformation during the previous three years, and enhances its position as a global technology group.
The unified revenues amounted to 59.2 billion dirhams, a growth of 10.1% on an annual basis, driven by growth in the various business sectors, and the total unified profits increased before calculating interest, tax, consumption and firefighting by 2.7% on an annual basis and according to fixed exchange rates, to reach 26.5 billion dirhams, and the total number of subscribers of the group reached 189.3 million subscribers, with an increase Its 11.7% compared to 2023.
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