Abu Dhabi – Mubasher: The net profits attributable to the owners of e& amounted to AED 5.49 billion in the first half (H1) of 2024, an annual leap from AED 4.70 billion.
The company posted revenues valued at AED 28.30 billion in H1-24, up year-on-year (YoY) from AED 26.61 billion, according to the financial results.
Earnings per share (EPS) widened to AED 0.63 as of 30 June 2024 from AED 0.54 in H1-23.
Total assets reached AED 143.17 billion as of 30 June 2024, lower than AED 146.90 billion at the end of December 2023.
Financials for Q2
In the second quarter (Q2) of 2024, the profits enlarged to AED 3.16 billion from AED 2.52 million in Q2-23, while the revenues hiked to AED 14.09 billion from AED 13.61 billion. Meanwhile, the EPS amounted to AED 0.36 in Q2-24, versus AED 0.29 a year earlier.
Dividends
The board members approved the distribution of interim dividends of 41.50 fils per share, representing 41.5% of the share’s nominal value, for H1-24.
In the three-month period that ended on 31 March 2024, the telecom group’s net profits climbed to AED 2.45 billion from AED 2.30 billion in Q1-23.
