Dubai – Mubasher: The net profits of Tecom Group jumped by 22% year-on-year (YoY) to AED 737.42 million in the first half (H1) of 2025 from AED 603.04 million.
The UAE-based group posted an annual rise of 21% in revenue to AED 1.38 billion as of 30 June 2025, compared to AED 1.14 billion, according to the financial results.
Basic and diluted earnings per share (EPS) attributable to the owners hit AED 0.15 in H1-25, up from AED 0.12 in H1-24.
Financials for Q2-25
During the second quarter (Q2) of 2025, Tecom Group generated AED 376.56 million in net profit, higher by 21% YoY than AED 310.51 million.
The revenues surged by 22% to AED 709.43 million in Q2-25 from AED 583.72 million in Q2-24, whereas the basic and diluted EPS increased to AED 0.08 from AED 0.06.
Malek Al Malek, Chairman of Tecom Group, announced: “The board has approved an interim cash dividend of AED 400 million for H1-25, aligned with our Dividend Policy.”
As of 31 March 2025, the group’s net profits surged by 23% YoY to AED 360.86 million from AED 292.52 million.