du reports AED732 million Q3 profit

Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.

The company’s revenues rose by 7.9 per cent year-on-year to AED3.87 billion, supported by continued expansion across its mobile, fixed, and ICT businesses. EBITDA reached AED1.85 billion, translating to a margin of 47.8 percent, while net profit increased by 25.8 per cent on a normalised basis to AED732 million.

du’s mobile customer base grew by 10.3 per cent year-on-year to 9.2 million subscribers, driven by demand across both prepaid and postpaid services. Fixed-line customers increased by 9.7 per cent to 718,000, reflecting sustained demand for home wireless and fibre broadband.

Operating free cash flow rose 11 per cent to AED1.36 billion, while capital expenditure stood at AED492 million, representing a 12.7 per cent intensity ratio.

Fahad Al Hassawi, CEO of du, said the third-quarter results reinforced the company’s growth trajectory and operational discipline. He added that the successful completion of the secondary public offering, which increased du’s free float to 27.7 per cent, enhanced liquidity and diversified the investor base, reflecting strong confidence in the company’s long-term strategy.

He said du’s strong performance across three consecutive quarters supported its full-year guidance, reaffirming expectations for 2025 revenue growth between 6 and 8 per cent and an EBITDA margin between 45 and 47 per cent.

He noted that du will continue to build on its momentum by reinforcing its core connectivity business and scaling high-potential growth areas, such as AI and digital solutions, citing the recent launch of the AI Park ecosystem and the AI supercluster as key examples of its strategic focus on sovereign AI leadership and sustainable diversification.