UAE telco du Q4 net profit rises 14.9 pct:
"Du, the United Arab Emirates’ No.2 telecom operator, reported a 14.9 percent rise in fourth-quarter net profit on Thursday, boosted by a rise in revenue, improvement in gross margin and cost savings.
The company, which ended rival Etisalat’s domestic monopoly in 2007, made a net profit after royalty of 425 million dirhams ($115.7 million) in the three months to Dec. 31, up from 370 million dirhams in the year-earlier period.
SICO Bahrain forecast du would make a quarterly profit of 430.2 million dirhams."
'via Blog this'
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