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اقتصاد سكاي نيوز عربية
Du reports $444.4 million in H1 net profit
The article focused on the financial results of du, the UAE-based telecommunications company, for the first half of 2026. The company recorded a net profit of $444.4 million, reflecting a 12.6% increase compared to the same period last year. Its pre-tax and depreciation profits also rose by 10.5% to approximately $1.097 billion, with the profit margin expanding to 49.2%. Total revenue increased by 5.8% to around $2.232 billion, supported by a 7.7% growth in service revenues. In the second quarter, net profit grew by 9.8% to $217 million, while the mobile and fixed-line subscriber bases increased to 9.3 million and 744,000, respectively. The results demonstrated resilience in performance despite the challenges, with a focus on investments in cloud computing and artificial intelligence.
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