Etisalat Group today announced its consolidated financial results for the first half of the year ending on June 30, 2020.
The group said, in a statement today, that the value of consolidated revenues amounted to 25.6 billion dirhams during the first half of this year, while its consolidated net profit after deducting the federal concession right amounted to 4.6 billion dirhams, with an annual increase of 3%, which represents a profit margin 18% net.
She explained that the total value of interest, tax, consumption and amortization amounted to 13.2 billion dirhams, resulting in a margin of interest, tax, consumption and amortization of up to 52%.
The Etisalat Group subscriber base has reached 146 million subscribers.