Etisalat: Full year profits have dropped sharply

etisalat, the UAE’s largest telecom operator, said on Thursday its full-year net profits dropped sharply

Last updated: September 15, 2018 | 22:24

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Dubai: etisalat, the UAE’s largest telecom operator, said on Thursday its full-year net profits dropped sharply after recognising impairment charges related to the suspension of its Indian subsidiary.

The company posted a full-year net profit of Dh5.8 billion, down from 7.6 billion in 2010, the company said in a statement to Abu Dhabi’s bourse.

Group revenues stood at Dh32.2 billion against 31.9 billion in the year-before period.

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Etisalat: Full year profits have dropped sharply

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