Abu Dhabi – Mubasher: The net profits attributable to the owners of Emirates Telecommunications Group (e&) jumped by 60.70% to AED 8.82 billion in the first half (H1) of 2025 from AED 5.49 billion in H1-24.
Total consolidated revenues hiked by 23.30% year-on-year (YoY) to AED 34.91 billion as of 30 June 2025, compared to AED 28.30 billion, according to the financial results.
Basic and diluted earnings per share (EPS) stood at AED 1.01 in the first six months (6M) of 2025, versus AED 0.63 in H1-24.
Financials for Q2-25
During the second quarter (Q2) of 2025, the telecom group registered AED 3.47 billion in net profit, up 9.70% YoY from AED 3.16 billion.
The revenues surged by 28.10% to AED 18.04 billion in Q2-25 from AED 14.09 billion in Q2-24, whereas the basic and diluted EPS increased to AED 0.40 from AED 0.36.
Cash Dividends
The board members decided to distribute interim dividends for H1-25 at 43 fils per share on 25 August.
Record date for eligibility to receive dividends is 11 August, while the last day to purchase shares that entitle the shareholder for dividends is 7 August.
Jassem Mohamed Alzaabi, Chairman of e&, commented: “In H1-25, e& continued to strengthen its leadership position, driven by its strategic investments and robust business model. Our continued strong performance reflects our commitment to long-term value creation, with major milestones reflecting the board’s strategic foresight.”
At the end of March 2025, e& delivered 129.90% YoY higher consolidated net profits at AED 5.55 billion.