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Tecom Group Posts Higher H1 Profit, Revenue

MT Newswires·07/30/2026 00:29:59
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12:29 AM EDT, 07/30/2026 (MT Newswires) -- Tecom Group (DFM:TECOM) said Wednesday that its profit and revenue for the first half increased year over year. Profit for the six months ended June 30 was 804.7 million Emirati dirhams, compared with 737.4 million dirhams a year ago. EPS moved to 0.16 dirham from 0.15 dirham. The Dubai-listed business district developer's revenue was 1.54 billion dirhams, compared with 1.39 billion dirhams earlier. Meanwhile, the board proposed an interim dividend of 0.09 dirham per share. It paid 0.08 dirham per share a year ago.