UAE telecoms company du warns of second-half revenue decline - Reuters:
United Arab Emirates telecoms company du expects its revenue to continue to decline in the second half of 2019, CEO Osman Sultan told reporters on a conference call Wednesday.
The company on Tuesday posted second-quarter net profit of 464 million UAE dirhams ($126.3 million), up 2.4 percent from the same period last year, on revenue down 4.8 percent.
He declined to provide a profit forecast for the second half.
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