Du second quarter profit falls 8.3% to Dh502 million

Dubai: Telecom operator du has reported an 8.3 per cent decline in second-quarter profit to Dh502 million compared to Dh547.7 million due to fall in mobile revenues.

Mobile revenue totaled Dh2.23 billion, a 1.4 per cent decline compared to Dh2.26 billion registered in the second quarter of last year.

But mobile data revenues increased by 4.9 per cent to Dh719.3 million compared to Dh685.9 million, while fixed revenue climbed 20.2 per cent to Dh649.8 million compared to Dh540.7 million during the same period last year.

The company said in a statement that it plans to distribute to its shareholders an interim dividend of 13 fils per share, up from 12 fils per share in Q2 2014, and a special dividend payment of 10 fils per share, both will be proposed at the general meeting in September 2015.