The telecom operator paid Dh401 million as royalty fees.
Du needs to pay 10 per cent of revenues and 25 per cent of net profit as royalty fees to the
"Our strong performance is reflected in our net profit before royalty. EBITDA for the quarter reached Dh1.29 billion, an increase of 17.9 per cent compared to the same quarter last year. Data continued to be a key market driver during the quarter which translated into data revenues of Dh680 million in the quarter, an 18.6 per cent year-on-year increase as our customers' demand for connectivity remained strong," said
The company has announced that it will issue shareholders with an interim dividend of 12 fils per share, same as last year and apart from the one-off dividend of 10 fils, as a reward for their continued support.
Revenues exceed Dh3 billion for the first time to Dh3.02 billion, a 13.7 per cent increase compared to the same period last year of Dh2.66 billion.
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