Emirates Integrated Telecommunications Company PJSC ("du") today announced its financial results for the second quarter of 2015 which showed a 3.1% rise in net profit before royalty to AED 978.5 million.

The Company said it plans to distribute to its shareholders an interim dividend of 13 fils per share, up from 12 fils per share in Q2 2014, and a special dividend payment of 10 fils per share, both of which will be proposed at the General Meeting in September 2015.

Highlights of the quarter included a 20.2% increase in fixed line revenue, and a 4.9% rise in data revenue. Earnings before interest, tax, depreciation and amortization (EBITDA) climbed 3.5% to AED 1.34 billion.

Second quarter net income after royalty declined 8.3% to AED 502 million compared to Q2 2014, a result of increasing royalty payments, which rose 18.8% year-on-year to AED 476.4 million.

Key Financial Highlights:
- Revenues amounted to AED 3.09 billion, a 2.2% increase on Q2 2014 (AED 3.02 billion)
- EBITDA rose 3.5% to AED 1.34 billion compared to Q2 2014 (AED 1.29 billion)
- Net profit before royalty was AED 978.5 million, a 3.1% rise on Q2 2014 (AED 948.9 million)
- Net profit after royalty amounted to AED 502 million, a 8.3% decline on Q2 2014 (AED 547.7 million)
- Total mobile customer base stood at 7.36 million at the end of Q2 2015, up 2.7% from Q2 2014 (7.16 million)

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