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FINANCIAL NEWS
du achieves net income of $88.8m in Q3
08 Nov 2010
(MENAFN) Osman Sultan, Chief Executive Officer of Emirates Integrated Telecommunications Company (du) , announced in a statement that the company has more than doubled its net income during the July-September period of the current year reaching $88.8 million, as opposed to $42.8 million in the same period of the previous year, Gulf News reported.
According to Sultan, the figures register as a 19 percent rise compared to the April-June period, where net income was $74.9 million.
During the third quarter of 2010, revenue reached $476.8 million, compared to $362.4 million in the same period of 2009, and increased by 2 percent compared to the previous quarter’s $463.2 million.
du’s active mobile subscriber base grew by an additional 159,800 users during the third quarter, taking the total at quarter-end to more than four million, thus passing a significant milestone, the CEO stated.
It is worth mentioning that the telecommunications company has recently announced a $255 million financing deal with the Export-Import Bank of China.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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