Emirates Integrated Telecommunications Company (du) announced a 25%+ year-on-year rise in Q2 2025 net profit to Dh727 million ($198 million), reinforcing its path to beat its 2024 record income. For H1 2025, net profit grew 22.4% to nearly Dh1.45 billion, already surpassing half of 2024’s Dh2.49 billion profit.
Second-quarter revenue increased 8.6% to Dh3.9 billion, while EBITDA jumped 16.4% to Dh1.83 billion. H1 revenue rose 8% to Dh7.75 billion with EBITDA up 15.7% to Dh3.65 billion. The board approved a 20% higher cash dividend of Dh0.24 per share for H1.
Du updated its full-year guidance to revenue growth of 6–8% and EBITDA margin of 45–47%. Chairman Malek Al Malek credited strong performance to effective strategy execution and favorable economic conditions in the UAE.
Subscriber growth was robust, with mobile users rising nearly 11% year-on-year to 9.1 million, and fixed-line customers increasing 12% to about 706,000. CEO Fahad Al Hassawi highlighted du’s continued disciplined capital allocation and value creation.
Du is aggressively expanding amid evolving market dynamics driven by AI, cloud, and big data. In October 2024, du launched sub-brands du Tech and du Infra to strengthen its B2B digital transformation offerings. The company is also exploring non-core portfolio expansion, including data centers and fintech, beyond the UAE.
Al Hassawi described Q2 results as “impressive,” driven by strategic execution and consistent operational growth. Du shares closed up 0.4% at Dh10 on the Dubai Financial Market.
