Emirates Telecommunications Group Company PJSC Full Year 2023 Earnings: EPS: د.إ1.18 (vs د.إ1.15 in FY 2022)

Emirates Telecommunications Group Company PJSC (ADX:EAND) Full Year 2023 Results

Key Financial Results

• Revenue: د.إ53.8b (up 2.5% from FY 2022).
• Net income: د.إ10.3b (up 3.0% from FY 2022).
• Profit margin: 19% (in line with FY 2022).
• EPS: د.إ1.18 (up from د.إ1.15 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Emirates Telecommunications Group Company PJSC Earnings Insights

Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia.

Performance of the market in United Arab Emirates.

The company's shares are down 3.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Emirates Telecommunications Group Company PJSC that you should be aware of.

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