TECOM Group PJSC (DFM: TECOM), the creator of specialized business areas and vibrant communities, has announced its financial results for the nine months and third quarter (Q3) of the year ended.
Publish dateSaturday 2 November 2024 - 12:47
According to Amac News: TECOM Group's announcement states that this business group has achieved a 10% increase in annual revenue to more than 1.7 billion dirhams and a 23% increase in net profit to 943 million dirhams.
Driven by "strong" demand from existing and new customers, TECOM Group also presented its third-quarter performance report, which saw quarterly revenues up 12 percent year-on-year to AED 611 million and quarterly net profit of AED 611 million, according to the announcement. A 20% annual increase has reached 340 million dirhams.
TECOM PJSC Group Chief Executive Abdullah Belhol said that the group's record nine months and third quarter performance demonstrates TECOM's commitment to deliver sustainable and long-term growth using Dubai's pro-business framework.
He added: We have achieved significant growth in revenue and profitability. This performance further underscores our ability to attract and retain top companies in six critical sectors.
Driven by "strong" demand from existing and new customers, TECOM Group also presented its third-quarter performance report, which saw quarterly revenues up 12 percent year-on-year to AED 611 million and quarterly net profit of AED 611 million, according to the announcement. A 20% annual increase has reached 340 million dirhams.
TECOM PJSC Group Chief Executive Abdullah Belhol said that the group's record nine months and third quarter performance demonstrates TECOM's commitment to deliver sustainable and long-term growth using Dubai's pro-business framework.
He added: We have achieved significant growth in revenue and profitability. This performance further underscores our ability to attract and retain top companies in six critical sectors.
amacnews.com/vdcg.u9qrak9y3j54a.html
Source : news agency wam
Most viewed
