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General

Etisalat Group revenue declines 0.9% in 2020

Monday 15 February 2021 | 14:50 CET | News
Etisalat Group said preliminary revenues fell by 0.9 percent year-on-year to AED 51.71 billion for 2020, from 52.19 billion the year before. The company attributed the decline to the coronavirus-related lockdowns, causing restricted mobility amid travel bans. The net profit rose 3.8 percent to AED 9.03 billion from 8.69 billion. Earnings per share rose slightly to AED 1.04 from AED 1.00 in 2019.

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Categories: General
Companies: Etisalat
Countries: Middle East
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