TECOM’s quarterly profit rises 55% to 237 million dirhams

Quarterly earnings rose toTECOM Group By 55%, to record regarding 240 million dirhams.

The increase in profits was supported by an 18% increase in revenues to exceed 500 million dirhams in the second quarter of 2022.

The group’s financing costs increased by more than 10% to reach 57 million dirhams.

TECOM was listed on the Dubai Financial Market last July, becoming the second listing this year following DEWA.

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Scientists have found the cause that increases the risk of dementia by 70 percent

Authentic Neapolitan pizza in Quebec

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.