1.632 billion dirhams net profits "Du" In the first half

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Dubai, July 22 / WAM / Emirates Integrated Telecommunications Company “du” recorded net profits amounting to 1.632 billion dirhams during the first half of this year, a growth of 12.6% compared to the same period last year.

EBITDA rose 10.5% to 4.032 billion dirhams, while the profit margin expanded to 49.2% compared to 47.1% in the first half of 2025, an increase of 2.1 percentage points.

While revenues increased by 5.8% to 8.198 billion dirhams, driven by a growth in services revenues by 7.7% to 6.029 billion dirhams, while other revenues amounted to 2.169 billion dirhams.

According to a statement, the company’s Board of Directors approved the distribution of interim cash dividends for the first half of the year at 0.26 dirhams per share, an increase of 8.3% on an annual basis.

During the second quarter of 2026, the company’s net profit increased by 9.8% on an annual basis to reach 798 million dirhams, while earnings before interest, taxes, depreciation and amortization grew by 9.2% to about one billion dirhams, with the profit margin expanding to 48.8% compared to 46.8% in the same period last year.

While revenues increased by 4.6% to 4.083 billion dirhams, supported by a growth in services revenues by 6.7% to 3.006 billion dirhams, while other revenues amounted to 1.077 billion dirhams.

In terms of operational performance, the mobile phone subscriber base increased by 1.6% year-on-year during the second quarter to reach 9.3 million subscribers, while the fixed phone subscriber base grew by 5.5% to reach 744 thousand subscribers.

Malek Sultan Al Malek, Chairman of the Board of Directors of Du, said that the company achieved positive results during the first half of the year, confirming once again the flexibility of its business model and its ability to implement efficiently despite the circumstances and variables resulting from regional developments.

He added that the results were supported by discipline in implementing the strategy, efficiency of operational processes, and a clear vision in the long term.

For his part, Fahd Al-Hassawi, CEO of the company, said that the company’s performance during the second quarter of the year reflects a high level of discipline and commitment in implementing the business strategy, pointing to continued growth in the mobile and fixed subscriber base, making progress in implementing strategic priorities, and accelerating investments in the fields of cloud computing, artificial intelligence, and data centers, thus enhancing Du’s position as a leading provider of digital infrastructure services and advanced technical solutions in the country.