Sunday 14 February 2016

UAE's Etisalat Q4 net profit rises 2.7 pct | Reuters

UAE's Etisalat Q4 net profit rises 2.7 pct | Reuters:

"Abu Dhabi-listed Etisalat reported a 2.7 percent rise in fourth-quarter net profit on Sunday, according to Reuters calculations.

Etisalat, which directly and indirectly operates in about 18 countries across the Middle East, Africa and Asia, made a net profit of 2.32 billion dirhams ($632 million) in the three months to Dec. 31, Reuters calculated based on the firm's full-year earnings statement in lieu of a quarterly breakdown.

This compares with a profit of 2.26 billion dirhams a year earlier, according to Reuters data."



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