Abu Dhabi – Mubasher: e& has registered net profits attributable to the owners worth AED 4.86 billion during the first half (H1) of 2022, higher than AED 4.74 billion in H1-21.
Revenues declined to AED 26.32 billion in H1-22, from AED 26.43 billion in H1-21, according to the income statements.
The basic and diluted earnings per share (EPS) edged up to AED 0.56 during the first six months (6M) of 2022, compared to AED 0.55 in the year-ago period.
In the second quarter (Q2) of 2022, the net profits attributable to the owners amounted to AED 2.43 billion, up from AED 2.39 billion during the same period a year earlier.
Additionally, the company’s revenues went down to AED 12.99 billion in Q2-22, from AED 13.21 billion in Q2-21, while the basic and diluted EPS stood at AED 0.28, unchanged from Q2-21.
In a separate bourse filing, the telecommunications firm’s board approved an interim cash dividend distribution of AED 0.40 per share, representing 40% of the share’s nominal value, for H1-22.
The UAE-based company will pay cash dividends worth AED 3.47 billion on 11 August.
During the January-March 2022 period, e& achieved net profits attributable to the owners worth AED 2.43 billion, an annual growth of 3.60% from AED 2.35 billion.
