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Duba: Etisalat Group reported a 2.4 per cent increase in full–year profit to Dh8.6 billion compared to Dh8.4 billion a year ago.

The telecom operator’s consolidated revenues for 2018 reached Dh52.4 billion, an increase of more than one per cent compared to Dh51.7 billion last year.

Dh52.4b

Etisalat Group’s consolidated revenues for 2018

The operator has proposed a dividend payout of 40 fils per share for the second half of 2018, representing a total dividend payout of 80 fils for the full year and a dividend payout ratio of 81 per cent.

Etisalat rolls
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In the UAE, the subscriber base reached to 12.6 million subscribers, while Etisalat Group aggregate subscribers reached 141 million subscribers representing a year on year increase of 1%.

12.6m

etisalat’s subscriber base in the UAE