UAE telecoms carrier du on Wednesday said its second-quarter net profit rose 51 percent, but the results fell slightly short of analysts forecasts on increased costs.
The operator, which ended Etisalat's domestic monopoly in 2007, reported a second-quarter net profit after royalty of 207.2 million dirhams ($56.4 million), up from 137.4 million dirhams in the year-earlier period.
Analysts polled by Reuters had on average expected the firm to post a quarterly profit of 209.9 million dirhams for the second quarter.
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