The net profits attributable to e&’s owners saw a 4.30% year-on-year (YoY) rise, reaching AED 10.75 billion in 2024, up from AED 10.30 billion.
The telecom firm posted a 10.10% increase in consolidated revenue, which grew to AED 59.20 billion from AED 54.75 billion in 2023, as per preliminary figures.
Earnings per share (EPS) rose to AED 1.24 by 31 December 2024, compared to AED 1.18 in the previous year.
Operating profit surged by 26.40% YoY, amounting to AED 20.06 billion in 2024, up from AED 15.86 billion.
This strong performance was driven by significant growth in telecom and digital segments, alongside rising demand for digital services.
During the first nine months (9M) of 2024, the UAE-based group reported net profits of AED 8.21 billion, slightly lower than AED 8.36 billion in 9M-23.
